If so, you really need to up your savings game if you think you are going to be laid off in the near term. 

I have a scheduled call with the GC tomorrow to formulate a realistic game plan and timeline. 

I am new to the game, and trying to figure out what set of tools I'm going to use going forward in my analyses.

Don't get me wrong, I'm sure some survived and are great at the property game, but it is categorically a different, saner time in American real estate today, a fact that this website and the company behind it have played a significant role in.So the banks aren't going to stop lending.

RE is a long game, rushing it only gets people in trouble. 

However, it almost seems like the rules of the game have totally changed this time, so I think that it'll be a very different experience from any of the previous ones in our nation's history.

I am trying to find the details of a game or exercise that a BP Real Estate Podcast guest discussed. 

"Separate books and records are maintained to reflect income and expenses for each rental real estate enterprise.""250 or more hours of rental services are performed annually with respect to the rental enterprise.

There are tons of books and great podcasts on REI that will put you ahead of the game and you will add great value to your mentor. 

Side note, the tenants Dad has been paying the rent for the past year, he also forked up the security deposit, so I feel like they have no nose in the game at this point.