@Ashley Lynn   Lots of advice out here to be had just be careful what you take in from others. 

If a seller is not a relative or a friend why care what they think.

Economic anchors are things that are not going anywhere anytime soon, like state government, major universities, major health care centers, or manufacturers that are independent of the economy like military suppliers.I understand that the closer the anchor the better, but does it have to be in the same city/zip or can it just be in same county or next town over?

There are a few areas you need to be careful of, but the rest of Riverside is pretty nice and it benefits from being so close to OC and LA.

Their renter who lived in it didn’t take as good of care of it so it might need about 5k to get a few things fixed and to give it a good cleaning.

on sfh or 1 to 4 unit buys, one important thing to do is make sure you buy the ones where large capex items are taken care of.

They are already showing you signs of who they are and if you are not careful, your rental is going to see more damage in the future.

The IRS does not care how much profit you have.

The government assistance part is good on the payment, but bad in that they have no skin in the game.

You cannot receive the funds as a reimbursement or they will be taxable to you.Regarding offset losses, the IRS really doesn't care too much how much profit or loss you have on a property.