For #3:   Franklin County will reset the assessed value to the sale price if you have an arms-length market transaction, but they don't do it 100% of the time.

In Tallahassee, stay out of Frenchtown and Southside (Leon Arms, Saxon St, College Terrace).Where in Michigan do you invest?

Making reasonable efforts to ensure tenant safety is a landlords responsibility, so fix damage and consider paying for a Ring door bell or some other type of security cam.

Mortgage brokers will see right through this.Also, you've got issues associated with arms' length transactions.There is so much here that just makes me cringe. 

Seems like they are trying to strong arm you into giving them money.

.- A flood of new capital driven by flight to safety from underperforming sectors (office, hospitality), as well as new capital from other areas (e.g. stock market is at the all-time high, but the future is uncertain).- Big boys are coming to the sector - case in point, Blackstone acquisition of Simply Self Storage.- Downward pressure on the cap rates from the competing new capital, while, at the same time, new supply applying downward pressure on rents.

If you have over 20% it may be advantageous to open up a HELOC Just to have a safety net in case of major repairs. just to hold you over until you can build up a decent cash reserve.

Here's that criteria:The Order does not prevent you from being evicted for(1) engaging in criminal activity while on the premises;(2) threatening the health or safety of other residents;(3) damaging or posing an immediate and significant risk of damage to property;(4) violating any applicable building code, health ordinance, or similar regulation relating tohealth and safety; or (5) violating any other contractual obligation of a tenant’s lease, other than the timely payment of rent Provide the CDC Declaration for her completion and signature; you can download it here:https://www.cdc.gov/coronaviru...Page 2, bullet 3, states the tenant is still liable for unpaid rent. 

Services like this seems like it will be a safety net for landlords since the moratorium on evictions.

If there are serious health/safety issues, you can negotiate those with the owner after inspection.The money you spend to upgrade apts MUST increase rents in proper proportion to the investment.