There should be value added to the property, this should reduce vacancy, BUT do the upfront costs and maintenance $'s added to my CapEx budget negate the added value?

With deferment, your payments may be due once the designated time period ends or they may be tacked onto the end of your loan (basically extending your loan term).  2) A Forbearance :  Allows  you to make reduced payments or no payments for a set period of time, though your loan continues to gain interest during this period.

Remember, when you have a GOOD agent, they will fight for your best interest but every dollar the purchase price is reduced, that typically equates to money not going into their pocket.

Why that prediction: We just received a notice from our daughter's university that because of COVID-19 they will have to reduce the density of student housing in the fall.

@Sam DalIn Pennsylvania, Living Will refers to the document that deals with a document that outlines what kind of medical treatment you will receive if you cannot give consent.

If I reduce that down even further (pay down a big chunk when refinancing) would that help with rates?

Factor all costs into the hard money loan but push very hard to have the property reduced to offset the costs of the violations.

I’ve always been successful in a college/medical town.  

I see the typical fee listed, must be a high interest rate.They do pull credit (soft pull) so you have to qualify for the loan.People making good money doing short term rentals should be putting back reserves to weather a couple months with reduced or no income.

@Sergey KalinaI wouldn't take medical advice from a friend unless they were a health professional(doctor, nurse, etc).You shouldn't take advice from a friend unless they practice tax or accounting.Regarding the deductions - it really depends on if the house was in service and what activity you are doing(buy and hold or flipping).