It´s true that the situation is better than 5-10 years ago but this is a problem not solved yet. 

To deleverage the whole system would make 2009 look like a heyday for investors and I don't think anyone: politicians, the general public, employers, etc; want to go through a systematic change like that, as it would devastate everything we hold true from our net worth, to our housing, likely down to the most basics of our food supply and costs.

True, RG and E may be held accountable.  

Your agent will hate me for saying this, but it's true!

Our team worked through the weekend to put that out live - again, this is within days of my true acknowledgement that this virus is here and going to make an impact.

@Avery Carl So the conclusion is that the true vacation market seems to be recession proof?

I’m not sure the same is true for Pennsylvania but it may be a great place to start.

This is true even if you believe the 50% rule is too conservative and that there is a small amount of positive cash flow. 

This will be done through a contract for deed or a true owner finance deal.Here are the terms we're shooting for on the back end:Purchase Price:  $125,000Down Payment:  $15,000Monthly Payment (PITI):  $1,000Interest Rate:  7.5%Term:  22 years / no prepayment penalty / no balloonWe were able to use private/hard money along with some of our own capital on the front end as part of the acquisition and then refinance a lot of it out. 

I help regular people buy and sell their dream homes, but my true passion lies in helping investors from all across the country pursue financial freedom through real estate investing, in my local market.