It has been a nightmare, simply put.I was in the same situation you find yourself in a couple of years ago, where I had a pretty good full-time job, but wanted to have backup income, or if you will, a plan B in the event that work just didn't work out. what I did was saved up some capital, and got into a multifamily house hack and lived rent free for sometime until I was ready to make another purchase.

***Disclaimer with anything given to clients and public that situation is still very fluid and what may be true today, could change tomorrowDenver Market Update:More people will wait to list, not only b/c they don’t want ppl in their home, but b/c they have their kids in the house, homeschooling, or working from home and have meetings.

@Juan Alvarez make sure you are looking in B class areas where the tenants have stable employment.

Find someone else that A isn’t desperate and B knows how to be truthful.  

@Patrick Menefee We also checked in with all of our tenants and they are all good for April rent (20 units, mix of A, B and C but mostly C).

This could blow over in a few weeks or go on for 12 months, but solid cash flowing multifamily is still a good buy, especially in good A or B areas. 

@Scott Raynor would tenants be a and b tenants or are they c tenants?

If I want to get all of my costs back within 4 years (or less), I can say what % return "I got", but since percentages lie, if I said ahead of time that I needed to get an average return of that same number, I couldn't give you a specific %return I needed to do...since over a 4 year period, I can go through a number of different combinations if annual % returns...and get a different answer in dollars at the end.If 3 investors started with the same dollar amount (say $100k) and they had different annual % returns for the next 5 years, they would all end up with a different dollar amount at the end...even if the net percentage was the same for all three.Investor A:  +10%,+10%,+10%,+10%,+10%Investor B: +30%,-10%,+40%,-20%,+10%Investor C: +80%,-60%,+70%,-50%,+10%All three started with the same $100k.  

But in a "C" town nearby for sure instead of "B". 

But that’s typically worst case scenario , what if, I ask myself when I go through plan A, B, C, D when purchasing an investment.