Private Money lending me $43,000; 34k for purchase and 9k for easy, minimal rehab.

If we would have added some alcohol and a bar there may have also been a couple fist fights, so yea.... good stuff.

I have minimal real-world practice or experience with this, so I expect that to be one of my biggest obstacles in this journey.

It takes time and effort, but eventually you will put together your trusted local team and find a decent deal.If you want to do minimal effort while minimizing downside risk, I would go with one of the trusted TK providers here on BP, like Pinnacle, Norada, Smartland...or talk to @Ali boone.

What I saw was that each department is called upon to determine if there is a way to minimize COVID-19 transmission and using a moratorium if it is deemed necessary.Did I miss something?

It is the policy of the United Statesto minimize, to the greatest extent possible, residential evictions and foreclosures during the ongoing COVID-19 national emergency.Sec. 3.

I’m thinking I’ll aim more for properties with small rehabs ($5k or less) so I minimize risk and ensure a renter is put in place ASAP.

Due to trailers being owned by tenants and the others being rent to own, maintenance should be minimal to nothing.

@Steve Hyzny makes some good points - Minimize risk is good but you can’t eliminate all risk when you grow and move beyond your comfort zone.

I have seen how some sellers minimize expenses in order to get a price bump when selling. they say they expenses are 25% (e.g.) but they dont reserve nothing for future capital expenditures, that will be needed to do for the property runs properly.