I’m 24 and I have no money 20% isn’t possible so fha is the best looking for a wedge deal so I can force equity and convert, just trying to see if people can be positive cash flow first year

You should also consider the tax impact of selling the property for a profit if you haven't lived in it for 2 or more years and don't meet one of the other exceptions to exclude the capital gains from taxes.

Most people want it, but if you are a cash buyer, no one forces you to have it.   

Covid-19 has really impacted how property management and buying/selling real estate is taking place.

Closing on the property has been pushed several weeks and the issue will likely have an impact on cash flow in the long term.

And the last thing we want is to be forced to give the neighbor an easement or rent for a construction they never surveyed and applied for permits for.

In reality, the loan does not exist, and the homeowners become renters in their own homes, until they are eventually forced out by the inevitable foreclosure.

They have just not paid and have pretty much said they will live there (rent free) until they are forced to leave. 

If you were buying apartment buildings 30 years ago, I can confidently say your money would have been better placed elsewhere, in markets with growing jobs.I prefer to learn from examples I can see, and I've certainly seen the impact of job losses, stagnant or falling median incomes, and net out-migration.

Background on the house... has forced heat, no central air, built in 1920s, recently renovated in 2010, two current long term tenants paying $825 a month + utilities each.