I do fix and flips, turnkeys and have been acquiring a portfolio for my retirement. 

If you can acquire the property for the right price..

Ideal price to acquire would be 1.7m, net profit of $156,000 per year.

I understand timing the market is nearly impossible - probably even more so now than ever given the market/economy uncertainty from the unprecedented nature of COVID19 - but what are the triggers to keep in mind as a signal that it's a good time to resume acquiring flips? 

We want to fix up the house we're in now (if we do acquire it) and rent it out/refinance and use the gains from that for another downpayment and eventually flip and/or rent and grow our portfolio.  

Continue building cash reserves to help acquire next property via owner occupied financing.

The MTM in theory gives you flexibility, but if the tenant goes sour on you then the only remedy is still the court system.

@Dawn BrenengenThose tenant occupied, do you go through their documents once you acquired the property

For most situations in Oklahoma, you'll want to issue at least a 5 day notice in writing to "remedy the situation."

@Kris Russell we just acquired a property and opened the application pool to section 8 voucher holders.