You can't scale into multiple units with 10k in cash liquid.

We basically put in bold red at the top of the letter that we're still buying and can help the seller quickly liquidate an asset if they so choose.

Now, if that property with a mortgage is showing a profit on your schedule E, you’ll be just fine! 

enough to still have a vehicle, with expired registration, to sleep in. 

I have most of my leases expiring in May and June...would love to get everyone’s thoughts on how to protect a new lease agreement given the state of everything and how hard it is to evict someone.

To add on to what @Jason E.

In NJ, right outside ManhattanPut an offer in December to purchase a condo with an initial close date of 2/4.Seller pushed back to close on 3/12 and after some deliberation we agreed since our lease was expiring on 3/16.Oil tank was found in the condo and confirmation letter sent on 1/22 to buyer.Oil tank still not removed and now further delays due to Coronavirus.My lease have run out, staying in a hotel with a 8 month old and wife with all stuff in storage locker.

It recently expired on 3/20.

Compare your 1040, your Schedule E, etc..

I would be using a hard money lender (80% LTV, 10%, 1yr loan term) to acquire and then begin renovations and raising rents to market. and then do a VA cashout refinance or FHA and move into one of the units. so my risk is if the property will not hold its value or go down and I cant refinance and/or if my new tennat base will be able to afford the new rents ($950).My gut is telling me to stay liquid and see how this plays out but there's this FOMO (fear of missing out) side that thinks this will blow over and I won't have a deal.