Plus, if you're the active syndicator, you can earn modest fees which do not significantly impact your investors' returns, while simultaneously compensating you for your efforts and allowing you to focus on delivering on the investment and seeking more deals.

Lower comps are lower comps; the impact on the value of your properties is legitimate!

The interest cost of the car loan is low, but car payments are a large impact on a DTI, because of the short term amortization.

It makes more sense if you use an example: As crazy as it sounds at first glance, you cannot just have a blanket policy that says "no convictions for assault" (or whatever serious crime you want to insert here) - Because HUD says that could have a disparate impact: An otherwise well-qualified 65 year-old man with an assault conviction from 1973 is clearly a different situation from a 22 year-old who was convicted of assault last year and just got out on bail. 

I know the COVID-19 eviction moratorium has been impacting many landlords. 

@Josh Weber if you don't plan to make the place your primary home, it impacts your down payment; as an investment property you'll need 20-25% as a down payment.

We have still not seen the dust settle on the corona-virus impact on the economy.  

Many wont pre-qualify you because as mentioned above, it is asset based - but your personal strength as a borrower will impact your exit strategy (if you are going to refi or something like that to get out of the loan). 

The market will ultimately tell you what you can attract and your track record as a sponsor will impact this to a very large degree. 

As a value-add syndicator, we've all had to face some very tough decisions with the impact of COVID.