It also fits nicely into the affordable housing classification. 100% occupancy and 100% of rents collected in April during the Covid-19 crisis, beautifully recession resistant.

@Ron SinghI say look at the last recession in the market and research the people that came out on top during that time, now I am only 16 so take everything I say with a grain of salt, but I feel as long as you can afford to keep the properties long enough to outlast corona, you should still be buying properties and expanding your portfolio.

It's the same treatment I get from my mortgage lender, my insurance company, my cellphone provider, and any other professional business.Treat this like a friendship and you'll eventually find out your renters do not see the relationship the same way.Nathan my classic was a young couple had a baby in Indiana middle of winter they say they cant afford rent and the heat can they skip two months and make it up over the next year..

@Jason Arcuri yeah I think so as well, definitely the most affordable route.

If you can afford a small SFH, then great, buy that and take a few roommates to offset your mortgage.

A large target can be created by having multiple properties with high equity, or a high net worth/savings.Keep in mind that in the state of CT, if you're going to own real estate in a LLC, some things will change - i.e. evictions.If you are still going to be actively managing the property once you move out, a LLC may not be the best route for you, as any good attorney will be able to pierce the corporate viel afforded by an LLC in the event that something goes wrong.

It sounds like your cash flow is already thin and from your side of things, you can't really afford a reduction.

Or, if they can afford a car maintenance bill.Personal Reference:  Ignore these. 

This landlord also allowed the tenant to revert to a month-to-month lease in case the tenant found themselves in a predicament that they could not continue living in New York or afford the apartment.

I would take it up but can't afford the green fees.