While China was the epicentre, they've recovered much quicker than the rest of the world.

Live in on bedroom and rent out the rest.

My concern is that there is no incentive for someone to pay it after they miss the deadline for the rest of the month. 

He got about 50 of the lots in, then had to sell the rest of the property. 

Another strategy that won't give you as much cash flow, but would be passive while you still work your W2 would be investing passively into a syndication.As a passive investor, you do your due diligence of the sponsor team and the deal, but once you are invested, the rest is passive. 

The tenant must be presented with the option to mail in / drop off a physical payment.The rest of it seems pretty boiler plate and shouldn't be an issue. 

The rest is all contractors.

As for the rest of your question, it's really difficult to say whether an entire state is an area to invest in or not. 

Is there a partial payment (depreciated value) and then the rest paid when work is completed.The other thing that I would suggest is to contact the contractors that you are using to try to get estimates on the repairs.  

It may have taken me 5 months to close my first deal - but I wound up closing 6 in the next two months & I knew at the end of the school year it was time to take the jump - to become a realtor full time.I'll spare you guys the rest of the story but it's been incredible... just some of the feats I've accomplished are:1.