@Jaysen Medhurst - i think it's hard to define smart during this timePayment suspension is if you over leveraged and happy a bad tenant pool - yes 16m+ unemployment but the unemployment benefits are in some cases more than people were making There are products to help prop them up due to rent loss I think it's a bit early on not paying your distributions if you have where to pay fromHas anyone discussed what the collection defeciency is in this event for rent (we are well below 7% and month not over) feeling fairly confident will walk out of April with a fairly normal and consistent rent collection

-Make sure they are not requiring you to run a extended title report (“ATLA”could cost you $3k more than a standard) -Attorney fee clause- if there is legal action to enforce you should reserve the right to have attorney fees covered Overall, I would say if you are confident on the price, cover yourself legally, and the wholesaler shows their seriousness with an earnest money than you could move forward cautiously.However, I personally would not work with a wholesaler if it was my property.

I think that you would likely still be able to get a HELOC because you have a lot of equity, the concern is someone who was at 70-80% LTV pre-COVID if prices drop 10% they are way over-leveraged, banks don't know where prices are going, but they are fairly confident they aren't going up in the short term.

I would prefer to buy properties with bank approval to have more confidence in the deal but no bank is willing to even look at my situation.

Just get your feet wet and build confidence. 

There is a HIGH level of confidence that goes into this role.

I'm confident this will be an excellent value add for you to be able to skyrocket your returns, and then rinse & repeat! 

This definitely makes me feel more confident about the direction I am hoping to take this. 

I know this doesn't answer your question, but there is one wholesaler in town that I have worked with or reviewed their deals that I felt confident in what they were presenting.  90+% of the deals I see, ARVs are too high and rehab costs are too low.

I'm confident that I'm on the right track based on all of the feedback in this thread, and I've got a clear vision in terms of strategy (househack) and how I want to employ it.