I'm shopping in Long Island NY and it seems impossible to buy using the 1% rule in this market.I've done some more detailed analysis of deals and it seems like 0.8 might be appropriate here; mMy analysis works like this:Run comps for rent and determine market rentCalculate 85% of market rent and I have my "effective rent" (deduct 5% each for vacancy, management, and CapEx)Calculate PITI (principal, interest, taxes, and insurance)If effective rent > PITI; property cash flows?

I'll use 15% for the investor effective tax rate unless you know otherwise... 

Using your personal credit card is not ideal as it will negatively effect your credit score and your DTI.

I’ve been lucky some may say since I brought my triplex with good tenants who’ve been there for years before I even thought of buying the property so they were able to tell me about all the minor issues with the house and they’ve been good behaving, consistently on-time, full-rent paying tenants since I’ve owned the house.

That's the beauty of BRRRR model if used effectively. 

It’s more a one time offer of “cash” assistance to help pay for closing costs and effectively roll those allowable costs into the loan.  

With many corporations now supposedly considering work-from-home as the new normal, what do you think the effect will be on real estate? 

Thanks @Greg Dickerson, @Spencer Gray, @Roni Elias for your comments.Yea, I agree with two big factor being the debt type, and rent increase assumptions that will be effected in deals going forward. 

In 7 Habits of Highly Effective People Stephen Covey talks about "sharpening the saw." 

Assuming notice is given on/before 5/15, this can go into affect on 8/15 with a signed new lease agreement effective 8/15/20?