@Ruchir Kaul Another thing to consider is that with the foreclosure moratorium included as part of the CARES stimulus Act, foreclosures will dry up for at least another 6 months to a year reducing available inventory.

I'm currently negotiating w/ seller to reduce price to between $85k to $90k based on the major rehab costs.Total rehab costs: $31k get it rent-ready.Annual prop taxes: 2,237.72Total rent: Between 1,010 to 1,250 per month for both occupied units, depending on how bad the recession will become later in 2020.Lawn trim, snow removal, gas, electricity, & water: Tenant pays.Property management: I assume 10% of rent, so $101 - $125 a month.NOI per year: $8,670 to  $11,262.Flood insurance: None.Home insurance: $556/year paid outside of escrow.CAP rate: 6.46% to 8.6%.

While the world embraces tech tools to automate workflows and tasks, reduce errors, and thereby increasing precision, the Appraiser is basically doing the same thing they did 80+ years ago.  

And with the stimulus package, there should not be any late rent payments until at least August, when unemployment may either run out or be reduced.

Scenario 2The lender wants to increase the loan back to the original to $176,000, interest rate of 3.7% and the interest+ principal would be: $815Which would be a $116 monthly savings.However if we increase the loan back to the original $176,000 I would lose the $1,757 I have paid down from the principal.In this second scenario I would be paying $5,650 of closing cost plus losing the $1,757 I already paid down for a rough total of $7400Is this amount ok to get the interest rate reduced?

I invest in clean energy. 

Our lenders that are still making and closing loans have reduced maximum LTC and after repair LTVs.

I have 2 questions, and have done some research on the forums but I still don’t know how to handle this; Should I show the occupied unit, and how would I reduce vacancy time with waiting until it is vacant?

I have 2 questions, and have done some research on the forums but I still don’t know how to handle this; Should I show the occupied unit, and how would I reduce vacancy time with waiting until it is vacant?

From my, albeit quick, research it appears that the 10% penalty is only waived for those diagnosed or spouse diagnosed with COVID or if you have been laid off, furloughed, hours reduced etc due to COVID.