I thought about driving by and leaving a little care package with some toilet paper, sanitizer, and snacks but I have too much going on with the outbreak at my regular job to get that together lol.

We obtained a regular conventional loan with 25% down.

We obtained a regular conventional loan with 25% down.

If this property required all of that overhead for $250-275/month, it's still comparable to what would be required in the USA for a property producing the same amount of net rental income.

The seller never produced leases as agreed, we extended the contract to try to resolve this. the seller did not want to continue in attempt to resolve it We agreed to terminate the contract.

Not panicking and staying active now will produce something good opportunities.Investors should be considering asset class.

The current owner would still get his regular cash flow each month and wouldn't have to manage the property anymore. 

I have a couple that I use fairly regularly that do a great job and are thorough.

: conventional 30yr loanOther notes:- Our COC estimates are about 12.5% with us managing the property (vacancy and maintenance factored in) - Has older water heater, HVAC, and AC unit that have been regularly serviced, but are higher on ageQuestions- Should I be worried about an economic downturn on a buy and hold property next to a college campus and generally economically stable area?

I produce the BiggerPockets Podcasts.