Our current lease expires in July so we will either have to renew or buy something by then. 

Many may have savings or other liquidity.

If you have questions about particular transactions, send them to your CPA.Of course your CPA will calculate your depreciation, which will be one of the larger deductions on your schedule E.

Of course you want to keep it liquid so you have it when it is time to replace something.

So when I get the foreclosure list or expired list I am knocking on doors.

If you need a week, it's a GREAT tool for your Realtor to be able to tell the other Realtor "Oh, yeah, I've worked with so-and-so for dozens of transactions, if they say bla-bla-bla, then it's bla-bla-bla." d) The size of your earnest money deposit is not a pissing contest. e) Stick to the most vanilla loan options available to you, if you have several.

Sad to say, a lot of the investors don’t have the liquid cash to come up with an additional 10% down, 6 months reserves ect.The business will still continue but I’d look into your contacts and find your cash buyers and run the deals through them.Lastly, comps and ARV from last month won’t work in this market right now.

As has been discussed in other threads, in the event of true loss of job, no unemployment, no gov't bailout, no savings or liquidity, no other sources of income, a very small minority of tenants will truly be unable to pay rent.

Keep a fair amount of cash as reserve for the active real estate and for liquidity. 

Those who have the liquidity and can borrow at low rates are the ones who can confidently move ahead.