Others that were barely hanging on will go out of business, regardless of if there is govmt assistance available to them. 

In my experience some Lenders have already rolled out payment relief programs and can immediately assist you in temporarily lowering your payments or deferring them for a set period of time;-Realize that any relief program offered by a Lender is as dynamic as the Coronavirus.

In the end, I want to focus on a portfolio 7-10 cash flowing rentals and turn my attention to real estate investing full time.I would like to build a team of local agents to help me find deals and/or property managers for rentals, contractors to help get properties ready for a retail buyer or rental, a lawyer to make sure that everything is legit, and a couple lenders that will assist with financing.I have been learning the areas of Streamwood, IL and Hanover Park, IL. 

In the end, I want to focus on a portfolio 7-10 cash flowing rentals and turn my attention to real estate investing full time.I would like to build a team of local agents to help me find deals and/or property managers for rentals, contractors to help get properties ready for a retail buyer or rental, a lawyer to make sure that everything is legit, and a couple lenders that will assist with financing.I have been learning the areas of Streamwood, IL and Hanover Park, IL. 

Purchase price: $30,000 Cash invested: $64,000 Sale price: $116,000 Restoration of Craftsman home, removal of one wall and flip breakfast nook into master walk-in closet.All plaster walls were beautifully in tact except kitchen ceiling, all original woodwork remained and was refinished.

Did you buy it from amazon and shipped it to your assistant?

I am a travel Physical Therapist Assistant by trade and make great money BUT i get paid way more in my check “PER DIEM” than hourly pay because it is tax free.

The AMI can be found here:https://www.sandiegocounty.gov/sdhcd/rental-assistance/income-limits-ami/So for a 1BR unit (2 person household) you could charge a max of 1/12 of 30% of $42,800 or $1,070 per month.

Please clarify what the situation is to better assist you.

These numbers should be a data point to assist with your decision-making process, not the end-all-be-all as it ultimately come down to your goals, personal life, and risk tolerance.