Given Congress appears to be ready to propose new legislation soon for an emergency Covid Bill, wonder if the federally backed mortgage foreclosure moratorium feom the 2020 CARES Act will be extended?

if you want them out with out a long term notice etc.. and i think the city just extended the eviction moratorium till the end of March. ?? 

There is a possibility to extend it to a later date.

What if eviction moratoriums keep getting extended and financial support to owners stops?

I have some vacant properties in the northeast under various stages of rehab that can be vacant for extended periods of time and I want to prevent frozen pipes if the property is unattended for extended periods of times.

The lenders have already told me it will be as easy as requesting to have my loan extended (no lump payment).

I suppose your strategy is likely to make money on the appreciation which you definitely will on a 5 - 10 year trajectory (1 - 3 years is lesser guaranteed).After building up and managing my 50 rental units, I've started a property management company here in town and if you want to shoot me an address I could give you more feedback, such as rent amount.Keep in mind the COVID eviction moratorium is getting extended to Jan 31st so it's very hard to get tenants out right now if things go sour.

Due to the moratorium being extended, I have considered getting into a fix and flip strategy.

The rates are typically higher than residential (3.9-8% currently for 5 yr terms), but with CMHC insurance, the rates are much lower and you can put as little as 15% down which also gives you the option to extend your amortization out to up to 35 yrs ( depending on the property). 

I just extended an offer on a SFH and it has been accepted.