@John Teachout That's a good idea, I might try that for 3-4 weeks & adjust from there.

One of the worst mistakes you can make is to follow your competitors off the ledge of the cliff when your internal data and your transactional benchmarks tell you there’s no need to do so.Don’t panic, adjust your pricing strategy based on the market data and nature of your rent roll.

Assuming all numbers are correct, the next step would be to "adjust" the purchase price of the property to make your target metrics.

Knowing values will come down, we're using numbers that are adjusted with the lower market value when calculating deals right now.

Starting rehab, rent adjustments, utility raise, Cap Ex projects, interior refresh.

So now that we are real deep in the epidemic and some have lost their jobs how have some of you been able to adjust with your tenants no longer having any income?

We took everyone’s advice into consideration and we were able to adjust rehab scope of work and bring the cost of the main floor to $20k!

It can weed out the properties that don't at least break even in cash flow.I would think that there are many variables that would have to come in to play, such as different down payment percentages, adjust with current mortgage rates, rent estimates, quality of property/amenities, etc. 

Higher mortgage rates aren’t helping either.Both combined to cause a 17.9% drop in mortgage applications last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

One thing i would not want is to adjust my monthly payments because we would never know what the hard time ahead.Overall, my portfolio is small i believe i can withstand anything comes my way.