It may have an almost negligible effect or in some unusual circumstance may have a devastating effect.

To hedge against recessionary effects an investor needs to look at products and services that are more necessary for society.

If you are not willing to visit the property and/or it is not cost effective to do so, then IMO you should be offering it for sale asap and trying to recover what you have into it.

So, as a GC, you not only can, but effectively MUST sub out the work for these trades.

Not saying they can't seek a full payoff, but the justification to do so will be harder, and I'd bet they won't, especially if the interest rate on the note is higher than the current rate.Later on, you can do a sub-2, effective when the mortgage is paid off.See your attorney, then call the bank back.....good luck!

He said he can assure me that their lease is lawyer reviewed and bullet-proof in that county (I am out of town) so they don't change anything.

I'm going to see a lawyer about it tomorrow . . .

This is how you "buy at the bottom" effectively.

Our sheriff is apparently currently too busy with making TV commercials for injury lawyers, so it takes them the max. allowed time of 10 days to kick the people out.

In my experience, mentorship from a qualified mentor is nearly 100% effective.