I have had a ton of good feedback on this product and will be using it again even when this crisis is over!

Because of the effect the pandemic has had on local business, products and strategies will need to change to be updated to ensure their survival in any environment.When you look at real estate you see how many different professions and vocations are negatively affected.

If you’re not in the area often then yes, long term rentals may provide more stability for you.Either way, I do recommend that you buy based on reasonable long-term rent #s, not AirBNB #s, since you may not be able to do AirBNB if you’re not actively living in the property.As far as $2500-$3000 per month, if you mean gross rents then yes I think that’s do-able if you have decent-sized and -condition units and especially if you have 3 units with at least 2 beds per unit.Management fees are usually a percentage of collected rents, which is probably also true in NYC. 10% is “common” but some property managers may charge more or less depending on what services they offer, how many units they’d be managing for you (think quantity discount) and what you can negotiate.

Also, I am in the kitchen cabinet business and we have used this product from Home Depot: Rustoleum Cabinet transformation kit.

Yes definitely not a good time to sell fully stabilized properties.

The loan products are constantly changing, so you want to make sure you have a lender who really understands investing.

Outline a thorough comp report that will detail the rent difference between both products, and run a simple profit analysis to see what makes more sense for you based on your budget and risk appetite. 

thats what happened to me in the GFC  all those BRRR got stuck.if its industry wide you could see prices plummet in the heavy rental markets and it will be cash and carry all over again.If Lima is not doing take outs then the FNF product i suspect they will fund is going to really be for those seller to homeowners ??? 

Why would landlords be required to give their product away for free and not grocery stores, gas stations or other providers of essential products?

Why would landlords be required to give their product away for free and not grocery stores, gas stations or other providers of essential products?