While the SBA.gov website does not explicitly state that it cannot be used to purchase investment property, the name of the loan program (Economic Injury Disaster Loan) suggests that it's to be used accordingly.The SBA PPP does note in the interim final rule that misuse of funds will be investigated, and if deemed as such, the entity will be fined.

Eliminating or limiting like-kind exchanges in the best of times would have a negative economic impact, increasing the cost of capital, slowing the rate of investment, increasing asset holding periods, and reducing real estate transactional activity.

-what’s current economic occupancy?

With Pandemic, and uncertainty of economic future made me think that the house prices would have been effected too.

I see you are in Haverhill and assuming that is where your rental properties are, and I am guessing your tenants are on the lower end of the economic scale?

Following Pflugerville City Council approval in its regular meeting Tuesday, an Amazon fulfillment center is coming to town.The council approved a $3.8 million economic development plan to improve infrastructure in the area where the center will be, just off East Pecan Street and a mile away from State Highway 130.The center is expected to start operating in 2021, Amazon says, and will create 1,000 full-time jobs"

Every market is different, and one has to understand a specific market and the economic fundamentals there to makes decisions and/or give advice.

@Edgar Ehrsam, study something substantial, like economics or history or comparative lit.

The tenants I have I’ve been there for years and is quite stable obviously that can change at any moment in this economic climate.

I have had 3 banks turn me down for a 7a loan because I also own a restaurant.