I were in touch with RBC bank to negotiate a loan for my potential US rental properties, they went through materials with my application, however 2 weeks later they came back and told me that they can not finance my purchases because I've already have more than 4 mortgages on investment properties.

Overall, things are going much better than I had thought they would.Here’s the official MLS stats for 11 counties.Active listings are down -8%There’s been a good influx of new listingsHowever, there’s a lot more withdrawn than normalClosed sales count is down a bitNet, with somewhat fewer buyers, the supply / demand balance probably hasn’t materially changedHomes – 11%; Condos -2%Closed units down -5%This is less of a slowdown than I expected; great new hereAverage price and median price up 8% from prior yearThis ties to the supply / demand balance not changing much; e.g., in the seller’s favorDOM down a few daysAlso consistent with supply / demand being about the sameUC were down 8%This is much stronger than I had expected – great newsHomes -4%; condos -16%This is consistent with my observations about a week ago that entry level buyers seemed to be more cautious than the first time move up segmentNot much change on discountsIf you just look at the luxury homes (MLS defines this as >$1,000,000)Closed count +13%Price +1.5%DOM down -2 daysI am not sure this strength with last in the luxury market, since inventories are building.If you look at entry level, $300-500KClosed count -13%Price +2%DOM +4 daysThe slowdown in this segment will last a few months, since we need to get a lot of entry level employees back to work.Other news items:Most of the iBuyers have suspended operations.Lenders are tightening credit requirements, which may push the marginal buyer (that used to barely qualify) out of the market for a whileThis will likely be a source for 2020 having somewhat fewer closed deals than 2019

We'll be digging deeper before advertising available rooms again, though.

Has anyone in the market used PIN (advertised microflipping software)? 

There were 2 courses of action recommended.OPTION 1:> 100% Line replacement and Water proof:> - To dig up both sides of house for gravel instal> - Water Proof both sides of home where water is intruding> -Replace storm drain lines needed on both sides of home> - cover and repitch top side to ensure proper flow away from home>> All Labor, Material, tax $13,255Option 2:> Repair Line, Jett, Repitch:>> -To dig 6ft of Stormdrain> - Repair Storm drain line where broken> -Jett lines to help clear buildup/ debris causing water to sit> -Cover and Repitch ground on driveway side of house>> All Labor, Material, Tax $2700I chose option 2, with the idea of potentially using internal membrane afterwards to thwart risk of any more water intrusion.

Great thread for 506c advertising.

There's some material on it here and YouTube.

My lease is 10 pages long; tenants are adults who may choose to read the material or not.If It turns out that I'm wrong about the way people will behave in this crisis I'll suffer the financial pain, admit it, and adjust my policies accordingly.

Also, double your timelines for construction, and add in contingencies for cost of materials increases for the short-term. 

You know how every advertisement has super small print on the bottom of it?