There will be a lot to learn from on your initial property without the major rehab, so I would try to avoid it.

The last sentence clearly states that after including the net rental income in the denominator or loss in the numerator, that the rental property mortgage payments are not also supposed to be included in the numerator as monthly obligations.

Then, there was the foreclosure crisis and the loss of numerous first-time home buyers' properties.

If you will owe US income tax on the gain, you can make a quarterly estimated payment.  2020 Q1 is due July 15th.A lot to examine and unpack here... 

It's possible that you can damage pipes, but if you are to the point of jetting the lines the pipes are just about at the point of having to be dug and replaced/relocated anyway so you don't have a whole lot to lose.

Ive seen it play out poorly over the years being a plumber working in numerous buildings across the state.

You may have to negotiate your own deferred deal with the bank to weather the storm but residential rentals will be in higher demand then ever once the sun comes back out.  Commercial and office space is in real troub...

A lot to take in here, man.

My team has worked with numerous others who are doing the same.Please don’t hesitate to reach out if I can help in anyway!

Theres already numerous off market mls like systems set up.