Please no “omg you should back out now the world is collapsing” covid doomsayers Thanks!

Best of both worlds.

Next option was a mobile home..I only have 50k to play with, I have thought about various things, but 50k won't get far in the commercial world.. 

@Ryan Daigle,Covid-19 has impacted the world and economy in a unique and unpredictable manor so it makes underwrite deals much more difficult now than pre-corona.

Purchase price: $129,000 Cash invested: $53,000 Contributors: Julia Collins SFH, 3 bed/2 bath, 1200 sqft, built in 1926.Our first dive into the buy & hold rental world.

(While the virus was ramping up and the stock market was trending down.)I have no idea where the numbers will go next week or next month, but this is one example of how things are "shifting" in the real estate investing world right now.I’m not saying it’s a good thing or a bad thing.It’s just change.And my goal is to stay on top of these changes so I can share what I’m seeing with you and the rest of the real estate community.

I feel if LTR were at risk during a time like this is, it would be the high end rentals.. all this being said, I am still new to this whole world of real estate :) goodluck 

Getting an estate opened and a Personal Representative appointed (in a normal world) would be a same-day event.

In my opinion, based on my limited experience both on the ground and theoretical, this property would cost an investor like me money every year, or perhaps show a false income before needing to take care of serious CAPEX issues, vacancies, or turnover costs.If I can put a real world application in place, which is where I think you are headed, let's say you cash flow about $1500 per month, or 18,000 per year.

Long distance investing is tough but not impossible, one of my partners mentors invest here from halfway around the world, and has been quite successful at it, we have learned alot from him, more then we have learned from guys right nextdoor.