Not knowing anything bout the location, economic environment, competitive rents, home appreciations about the only thing I can say is the cash on cash ROI is too low or my comfort for the amount of capital risk  (>$63k).

After looking into some patterns from the previous financial crisis, I’ve honed in on a source of wholesale leads that have a 41% likelihood of defaulting within the next 6-12 months.In this post, I’ll go into how to farm these wholesale properties from publicly available information.COVID-19 impact on foreclosuresSince April of this year, there are several factors have created an effective dam preventing foreclosure sales: Federal and local stimulus packagesTemporary increases in unemployment benefitsCancelled foreclosure auctionsIn the following graph, you’ll see the steep drop off in foreclosure notices since April.

After 2008 financial crisis it took another 3-4 yrs to recover. 

In a few months there will be more certainty about how the COVID crisis unfolds, and after the presidential election there could be also a clearer picture about taxation.

The situation we're in right now is unprecedented but economic models don't have anything good to say about it.

The economics, financial, social and mechanical and legal make it fascinating to me.As far as networking definitely look into Meetups in your area as well as searching REIA groups online.

Are any of you concerned with lending your money (especially to newbies) in our current economic climate?

Despite some companies pausing projects due to the pandemic and the resulting economic meltdown, Texas has more potential corporate relocations and expansions in the pipeline than before Covid-19 hit, a top state economic development official said in a summit on Sept. 24.Adriana Cruz, executive director of Economic Development and Tourism for Gov.

There is also the impact of economic turns that can impact a larger business (we went through the 2008 deal..prior to that doing 300 inspections per month...then the crash...that was a lot of fun.)  

I am from Minneapolis, Minnesota and am in college for Finance and Economics.