I too am a long distance investor and have been investing in the St.

Is it a time constraint for investors?

The seller was going through a 1031 exchange and had a time constraint on their hands.

Now with businesses forced to either comply or adjust how they deal with social distancing (think theme parks, beaches, restaurants), our climate is much easier to move outside to accommodate those types of businesses.

You also don't want to force a deal.From the title of the post, my personal experience, and all the books I've read, especially David Greenes' Long-Distance Real Estate Investing.

The constraint here is that you'll need to achieve a substantial amount of equity in that year. 

Additionally it should be located in bicycle/walking-distance to the office and downtown.This property presented itself at a discount because it hadn't been kept up and showed moderate wear and tear.The 2-unit setup makes it perfect for house-hacking.

We attempted to see about changing this and talked to Auditors office and one thing we ran into was a parking ratio constraint.

Success with beautiful rental right by the Pearl walking distance Lessons learned?

Therefore I have considered long distance real estate investing (which is covered in one of the books), and waiting until I move out of the city so that I may have more disposable income to work with.