Also, I was thinking, later down the line, it would be interesting to pick up a few properties in Cherry Hill to play the appreciation game.

When my husband and I went for an initial inspection to see what needed to be fixed, we found the grass was completely dead and not watered in the hottest months (several evidences to support this).

Now if you wait till life is more back to normal it might be a valid play.

Sounds like my plan to play the long game and keep things as they are is the right path for me.

Let them split the cost as the tenant also played a role in this by refusing it.

The decision isn't so clear cut, however, and strategizing is key in this situation.Another thing that came into play is the possibility to defer payroll taxes for a while, even if you got the PPP.

It’s kind of exciting to see how all of this will play out over the next few years.

If you play around with the numbers you can try to maximize cash out and keep it cash flow neutral, assuming rents don't go much below where they are now.Your tenants would be paying down the mortgage and you would potentially be making money on that equity.Of course you want to be responsible and have ample reserves.

I've read some of the forums that say in Florida this will turn into a long term tenant at that time and the landlord laws come into play. 

You can see how this plays together.