I would at least give him a gift card for a very nice meal for two at a nice restaurant. 

If you plan on re-contributing the monies, you may end up re-contributing at higher valuations (stock market), thus losing out on that economic benefit.

Your edge is the fact that your salary and resources are affected by a different (and often more rewarding) economic area.3) Management has a lot of control over the information flow.

. - many people come to my market because it stayed so stable in the last downturn, you may want to consider insulation to recession given our current economic condition! 

I would think that with all the economic turmoil, it could increase the number of people out there that could benefit from a fast cash sale. 

I believe that will only happen if restaurants can't reopen, etc.

If we have high unemployment that will dampen buyer demand. 40% of the job losses have been in the restaurant & service sector which has it can be difficult to make enough money to purchase a home in LA.Until Supply and Demand tips for a long period of time, I would start expecting wide spread price declines.

Supply/demand is simple economics. 

The pandemic and current economic situation is not making me feel any better about this either, but again, $5k in option fee security is worth over 3 months in rent.The other question I have for more experienced investors is should I be concerned that the appraisal came in right at the purchase price?

.· Borrower will neither seek nor accept future advances under any superior liens on the collateral securing thisLoan without the prior written consent of SBA.USE OF LOAN PROCEEDS· Borrower will use all the proceeds of this Loan solely as working capital to alleviate economic injury caused bydisaster occurring in the month of January 31, 2020 and continuing thereafter and to pay Uniform CommercialCode (UCC) lien filing fees and a third-party UCC handling charge of $100 which will be deducted from theLoan amount stated above.