It did not seem to have future impact in this case but if the seller had owned other properties, I would have hated to have burned that bridge.

Otherwise, your returns will be negatively impacted because of the additional capital that needs to be raised.

According to the National Apartment Association, only $0.09 on every dollar of rent is returned to the property owner after mortgage ($0.39), operating/managing the property ($0.27), taxes ($0.14) and capital expenses ($0.10) are taken into account.https://www.naahq.org/sites/default/files/naa-documents/dollarofrent.pdfWhen it comes to expenses, location can really have an impact on certain expenses.

My prection for the KC market is that it will not impact sales as much as you would expect.

That way I could more easily see the impact of me living in one, versus just buying it as an investment and not living there. 

Finishing new personal residence HELOC and no impact here. 

STEP 2: Ask for proof of being impacted by coronavirus (job termination, hours cut, etc.).

Gotcha - Appreciate that input Daniel.Interesting that it seems to not have had too much of an impact, but instead maybe help you see some of the problem tenants more clearly. 

These two things will have a long term impact on housing appreciation and rent rates.

Where I can see this having a big accounting impact is on cost segregation, documentation of that and carry forward in an exchange.