Some over leveraged landlords could be in big trouble if the coronavirus spread in their apartment complex & suddenly most tenants stop paying.

If you have trouble doing so, have your agent do it for you.

So you'll either have trouble selling the property or take a serious haircut on the price from a landlord buyer who knows they won't be able to raise the rent for the next few years.Personally, I would never offer longer than a 1 year lease. 

I'd be asking the seller or the sellers agent lots of questions about flexibility on price and interest before I went to the trouble of putting together an offer.

I'm inclined to adhere to our cancellation policy but I'm having trouble putting into words the rational.

That your W2 job produces enough income minus your expenses(cash flow).

If their property “could” produce $18k/mo of revenue, they want you to pay as though it already is.

@John LiaazSeveral reasons why you need to hire professional property management third party managers for large multi family properties; first reason is that, if you have no or limited experience, you will be in serious trouble on many fronts.

I can check for more references but am a little nervous to move forward if he is unable to produce license and show worker's comp for his employees. 

I have trouble seeing managing these properties from afar, even the ones in good areas.