I have a tenant in that hasn't paid rent in Feb and March.

Jones, 2022 NY Slip Op 02145, decided March 30, 2022, is posted at http://www.nycourts.gov/reporter/3dseries/2022/2022_02145.htm.

So far, this STR cashflowed 1k its first month (March 2022) Lessons learned?

I'm collecting social security and received a letter from SSA stating that I made too much money in 2020 and they will hold back distributions to make up for payments made Jan-March 2020.

If it takes A, B AND C to find motivated sellers PERIOD, and you only have D, E and F, do not ask how to get motivated sellers from D, E and F.

If you do go for cashflow, just make sure you understand the risks that come with Class B and C properties. 5) BONUS - @William Spekhardt while not wrong with his note about HELOC's and rates, was not 100% correct.

So we just continue to buy a best as we can and continue marching forward.  

Whats interesting is the march 2020 crash from Covid lasted 60 days rougly 40% drop.

We are almost finished rehabbing a LTR we closed last March 2022 and are planning our next purchase.We are thinking on buying a vacation home in WA (where we currently work as travel nurses).  

Sellers of commercial properties are much more likely to require a signed purchase agreement before going to the pain of having a possible tire-kicker marching around three units and disturbing tenants.