I have 2 more houses left to fix up to rent, and I have one more I had offered to buy that I need to do paperwork on. 

All was going fine until the quarantine and our governor stating non-essential construction must stop.   

I understand financing is only one of many steps to develop but it is an essential one.

None are in an industry that is laying off employees, so they are all teleworking, or Essential Personnel and going to work daily.

We accepted because they wanted to move in right away and now we will essentially have no vacancy cost, which we budgeted $1800 ($150 per month) for, so we will still be on track for our cash flow goals.

With real estate there are ways to essentially defer the CG taxes forever.The rub, of course, is liquidity.

Among the paperwork, there was one proposal/bid that stated for $8,950, they would:1) install the beams to reinforce wall to prevent further inward movement2) patch cracks on all walls with hydraulic cement3) raise window well on N side of home and haul in 12 yds of topsoil to improve the grade around the homeThat contracting comp has a 10 yr vertical wall restraint warranty against any inward movement, transferrable if you sell the home.

I’m just closing on my third SFH rental using a traditional buying strategy and will be all BRRRR going forward.If doing BRRRR deals, aren’t you essentially recycling your capital again and again therefore minimizing new expenditure?

Recently the state of New York shut down all non essential construction projects due to Covid-19.

I also received two "essential worker" bonuses.