@James Campbell that sounds like a great approach: Do what you can for now so you can hit the ground running when money starts flowing again but there are opportunities all around :)

Be very specific on your approach to real estate.

etc.Thanks in advance,PatrickOut of curiousity what was the company that approached you?

I’ve been approached already by a buyer agent who probably had more excitement about showing her buyers that the buyer will themselves.I do think that the next step is to pay to get it on the MLS.Jeff

Banks are taking a very conservative approach now. 

Knowing your primary exit strategy is important.Here in the Twin Cities, hard money lenders will typically use an ARV (After repair value) approach to their financing, which I would say generally applies to both the acquisition and the rehab loans (sometimes they're the wrapped up into the same loan).  

@David Barnett we have had a couple of owners approach us to get BPOs (we assume they are seeing if selling is an option).

You can choose to handle this possibility proactively or take a wait-and-see approach - landlords here have done all of the above.

I say as a SD bcs from what I've researched, in fl you cant really offer to pay the actual rent all up front bcs the tenant is still entitled to that money should he leave one month into the lease. would this strategy worked if I approached the property manager with this offer?

They keep trying different approaches and formulas to answer the same problem.