Purchase price: $246,000 Cash invested: $80,000 A 4 plex built in the 80's. 1 apartment has been remodeled from floor up, new appliances, all others have been minimally upgraded.

Don't waste time chasing people down.

And absolutely, I plan to waste no time amidst this chaos and begin building that "solid power team"!

If you don't, then you need to get creative with your rent rates to get someone in and minimize the impact.

I would assume that Montana is better at minimizing the damage that the virus has had on the rest of the country (wide open spaces and relatively small population centers).

Would it be a waste of time to put energy into single family?

Maintenance and minimal improvements What was the outcome?

I wouldn't waste anytime joining a brokerage, do plenty of research and interview with multiple offices.

it really depends on if you have other income to supplement but lets say you decided to live off of your rental income and you decided that you were going to have minimal equity max debt on all your props then I think you look at OK what could be worse case during the GFC some markets saw 20 to 50% vacancy some saw 100 but most were 10 to 20% so take that figure and then decide if you need 6 months or one year.. this of course if you are solely dependent on your rental income for your income and have no other income from any other source.  

Your lucky if you get March.I wouldn't waste money going after April rent.