Your information really made me feel like I could actually do it, not a lot of people explain things to that degree lol thanks!

The FNMA (Federal National Mortgage Association, aka Fannie Mae) only allows up to 10 mortgages.So, what are you going to do, stop growing your Empire?

I'm interested to hear from other PM and landlords if they will be considering waiving late fees and fees associated with breaking a lease. 

The widespread shutdowns are definitely painful, but I think things will rebound quickly once we have vaccines, better data, and in general a better understanding of the realistic risks associated with the virus.

Make sure there is no fee associated with it.

Most of the professional property managers are keeping up with the news on a ongoing basis Trunews broadcast as well as through property manager forums associations and Facebook groups.

You might want to set up a meeting with the planning commission to discuss these issues, but, as I mentioned yesterday, there is definitely risk associated with this approach if you move forward with purchasing the property, as you are buying a property that’s out of compliance and may not be grandfathered.

There is a piece of me that thinks that even if I drop my price, people still won't show interest because of fear of coming to a showing or other interactions associated with getting a new apartment.I was also kicking around the idea of an "adjustable rent" type of strategy where I offer rent at say $500 per month for three months to weather this storm, then it jumps back up to market price (defined in the lease). 

While to a certain degree I agree with you, when life shuts down, like it has for the last week, it can effect all of us.  

Then, once you move in to is as your primary, I wonder if that could eventually eliminate the deferred taxes associated with 1031?????