Currently Cashflowing at 14% after vacancy and reserves Lessons learned?

Aiming for 2/3 beds that are 100k total max, but obviously will be attempting to get distressed properties for much lower around 60k.My goal is to put $5k down, have around $500 PITI, reserve $10k for updating kitchen/bathroom, and rent out for $800-1200 a month.Is it possible to get 5-10% conventional loans, so I have enough cash reserves left over to self-fund renovations and basic maintenance?

Traditional financing, 25% down and cash to complete the rehab.....had substantial reserves of course!

As much as I hope you're right (and that bleach, Lysol, and the like will come back on store shelves soon), I think the truth is we just don't know (yet).

Right now, that would mean they are able to work or have reserves available to pay rent until they can work.

Once the hoarders slowdown or stop the purchases, the shelves will start to fill again.Yesterday at the Walmart near my office, I asked the store Manager how often are they getting deliveries, he said daily, they usually sell out between 10-11am.Granted I live in a more civilized neighborhood where the hoarding isn't as insane as it is in Los Angeles where my parents live.Take action quickly while the demand is there

I am also considering a 401 K withdrawal- I put the max in for years and so when  I got the real estate bug again in 2015 I didn't have any liquid reserves.   

Also, build up a cash reserve as there will be foreclosures and short sales to acquire.Get prepared my friends.

I found a maintenance guy by going to the local hardware store.  

Only way to do so is increase rate/fees for the economic risk (also, not many are lending now, so the loan product needs to be priced appropriately) also to implement new requirements around liquid reserves and lower the LTV by 5-15%.