I saw that a lot of lenders (at least in OK) have recalled their foreclosures so it may be awhile before they hit the market, as well as eviction restrictions. 

Purchase price: $190,000 Cash invested: $50,000 Sale price: $260,000 This was my second fix and flip that ended up sitting on the market for several months.

I could see big firms still buying properties, boarding them up, and sitting on them for the next 3 to 6 months.

It sits on a corner lot, has a large back yard and separate entrances for each unit.

The reason for that is that while it doesn't make a good rental there are lots of cash buyers willing to sit on it for 2 months and make 20% on their money doing literally nothing while they resell it.

Your Strategies, and criteria may (should) change with the times but I don’t think there is ever a reason to sit around and wait.

They figure they would rather pay a few months of interest with the funds sitting in their bank than lose their ability to have cash on hand right now.  

That doesn't necessarily mean you sit on your hands, though.

So I had to switch tax pros this year, my last one passed away a couple of years ago and I mistakenly let things sit on the back burner too long.

Generally, this sits outside of a holding company, so seller cannot flow up to holding LLC and then down to other assets.