But you'd hate to see 2 years profit wiped out by a new roof or something.

Camp#2 – Have credit cards to be used only as an ‘emergency’ – Don’t know about you but if you’re not able to make your payment for the roof over your head... that does constitute as a personal emergency.

Large multifamily – hard to find value adds at or close to the top of the market cycle plus low cap rates in Miami overall to boot.

Creating a fantastic kitchen, changing all the lower level windows, cutting trees around the perimeter of the house, changing the roof and adding 100% new HVAC system. 100% renovation of the 2 bathrooms and creating a non existing outdoor patio.

Trying to make sure that they are exhausting all efforts for them to receive money and explain how important it is for them to have a roof over their head right now is about all you can do.

anything we can do to help them keep a roof over their head.

Either way, this SFH is under $100k and has had some minor cosmetic work done along with a new roof/AC and looks to be cashflowing $150+ but not sure about the tenant pool in that areaAlso, if anyone has any recommendations on realtors/contractors that work in that area it would be greatly appreciated :)

You can't give the other tenants the boot under current conditions anyway.

My capex budget includes roof 25 year life span, floors 10 year life span, appliances and hot water heaters 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

There is an excellent spot to add one however, only about 20ft off the ground level and it would work well attaching stairs to this sort of little sunroom that extends out past the roof edge on the second floor.