With the CARES ACT passed and in full effect our national deficit is looking to hit 30 Trillion Dollars in the near future!

We all saw the Emergency Rules of California Rules of Court, dated April 6, 2020 stays all judicial proceedings to foreclose a mortgage or deed of trust, including any action for a deficiency.These rules will remain in effect until 90 days after the Governor declares that the state of emergency related to the COVID-19 pandemic is lifted, or until amended or repealed by the Judicial Counsel.Now, there is emergency bill AB 828 which is pending but what it will do is enforce a moratorium on foreclosures.

I think your tenant screening process sounds like an effective way to ensure good tenants legally.

Either way, it's all presentational on the balance sheet and the tax effect should be the same on the Schedule C regardless of what happens. 

@Krista PorterConstruction shouldn't be effected you see city construction and homes still being built even inspections are adapting.

Take into effect the time of year, SF of home, if they're charging per door which a lot of college housing will, etc.

I also remember a podcast where a guy would buy trailers, fix them and then rent to own and did it very effectively.

There are many other factors that go in place before a market value can be effected. 

I am trying to track down the owner of a property and seem to be having some difficulty.

My only concern would be having enough for closing cost but if I need to wait and build more cash, then I am willing to do that.