When we hit that tipping point, the role of the appraiser will be obsolete (at least for standard appraisals in the beginning, and more sophisticated and bespoke scenarios over time).

They would probably qualify for the to 10% of Earners.10% are NOT and I know who they are.If one of the 10% who are not wealthy are struggling because they lost their jobs in the Gig economy where Tips are probably the bulk of their earnings, I will give them a rent rebate of about 10% to 20% of their portion of the rent (most of these non-wealthy tenants have roommates in their apts).I do NOT lower their rent.

This post is to introduce myself to the BiggerPockets community and also get any helpful tips about starting your first investment from more experienced and savvy investors. 

@Jay Hinrichs We also reached out to our private lender to see if he will restructure the original financing, so thank you for that tip -- carrying 13.5% at the moment, not ideal but with no points and no track record and a minimal rehab, we thought we would be golden.

Any tips or recommendations would be helpful. 

Thanks @Kendrick Salazar, appreciate the tips :)

Just a tip - don't use actual duck tape on ducts.

Here are some tips I would like to share for your learning:         1.

But, here are some tips I would like to share with you for your introduction of the site:         1.

Your sellers, if they are retail, have more of a choice to stay put and wait out this tipping into a buyer's market vs. the seller's market that it may have been resembling before COVD-19.