Even if your tenant loses their job, the stimulus will ensure they get most - if not all - of their income back through unemployment and stimulus checks.Although late rent will be much more common, there's no reason why tenants shouldn't be able to pay their rent eventually and catch back up.

Last question on this, besides RE taxes, any other common expenses this applies to?

The good news is, you have less debt now. quite common during the GFC Anthony hundreds of thousand   helocs got frozen.. the issue is NO ONE reads the fine print in the 20 page mortgage or deed to secure debt whatever your using. 

The more people you talk to the more you will learn how to speak with people and recognize common objections and how to handle them. 

Michael, It clearly sounds like the repair work is more extensive than what the seller is reporting (very common).

This post is just a simple reminder that most will consider common sense or common knowledge.

No hot water, stove not working, no heat, broken windows, door locks not working, loose railing, no lighting in common areas, garbage not in dumpster, no smoke/co2 detectors, etc. anyway that has been our experience. 

Common sense and common math is the name of this game

It's two floors with the bedrooms upstairs and common areas downstairs (ie. kitchen, powder room, living room,etc..).

From what I’ve researched, blanket loans are fairly common, but I don’t know if the fact that one of the properties being refinanced instead of purchased makes a difference.