So far we see about 25% of our resident base at the most risk of income interruption, which could be a hit to our income but hopefully not devastating, especially if we can stay ahead of it.We are also initiating refinancing some assets to take advantage of the attractive interest rates!  

Lending parameters aren't as good, but in this environment there are still attractive options available.

In some markets, low prices attract the wrong guests and cost more in the long run.Driving down prices can hurt the entire market as well.

I also see an opportunity to make an attractive return with the right team.

You can also expect the buyer to sue you for specific performance (court order to complete the sale) along with any damages like alternative housing, storage of his household goods, additional moving costs, etc.Unless there's something you're not telling us, it sounds like the broker did his job and got you an offer you accepted. 

We are in the process of refinancing some of our rentals here in Louisville, KY due to the attractive interest rates in order to increase cash flow and pull out some funds to have available on sidelines in case some deals start popping up down the road.

Alternative to that would be truly self-directed Solo 401k plan, which is exempt from this tax on leveraged real estate. 

@Shawn SkaggsThere LTV is quite high too, others go higher, but the terms at KeyBank were more attractive than a few extra thousand on the line.FYI, I did 85% LTV total line of $107,000 and there were zero closing costs.

Hopefully, our state and local governments can come together to create an incentive package that will attract them to the area.Jason James - Maybe you can take the lead on the project!

I agree about Hard Money. that is my last resort. that's i wanted to ask for alternative routes here before i go down that path.