Instead, look at the free software called Stessa.Run your plans by your CPA before implementing them and make sure he approves.

Due to the certainty that losses are almost certain for any landlord right now because of the situation, I think it makes sense to apply for anything you can approval for now because it will take some time to get approved.

I had a guest cancel April 17-20 dates due to the CV19 and I had to approve it.

I am a multifamily investor, not in the hotel space, so I would like some feedback:-Typically hotel is considered "higher and best use" than multifamily, and maybe if I operated it as such it could be, but this property is poorly managed, and has no flag on it, and because I am a multifamily investor I look at it as a multifamily play and it is looking like a slam dunk IF the city approves the re-zoning.

A lot of people are taking comfort in housing approved for section, 8 tenants, in that they have more guaranteed rent.

@Stephen Rager Banks don't just give out loans on blind faith... so they charge for a 3rd party appraisal, check credit, verify income, and approve or decline the loan. 

Here's the deal:Agreed price: €159,000€1000 Reserve put down and lawyer instructed10% deposit not yet paid (can walk away)70% mortgage pre-approved but not officially offered (€514/m) pre-Corona rental income: €850-950/mBased on no particular expertise but a bit of research I came to think that any dip in the real estate market due to COVID-19 was likely to be V shaped and short-lived.

Never bank on getting approved for a modification. 

However upon approval of the buyer's mortgage, the mortgage company uncovered that the HOA did not have proper insurance to abide by federal requirements.

It will be a hard stop to refinance or get a new purchase loan- will need to be current and out of forbearance before you get final approval