Before I accept the Sba loan I want to know if this will negatively impact my ability to do the cash out.

It's important to know what part of REI interests you, but also where you can make the most impact for someone else.

Ditto everything Lance said, with one more consideration.These distributions are specifically for COVID-19 relief, and the requirements note that you need to be impacted seriously...loss of employment, covid19 diagnosis to you or your spouse/dependent, or other adverse financial impacts.

Even though it will not impact your score the lenders will see it and I’ve heard will not lend in the future for 2-4 years.  

Does anyone predict that there will be a significant impact on the market especially when it comes to rental rates on single family residential housing in the areas of Olympia and Tacoma?

That could significantly impact the market. 

We may have to cut back similarly to many of our tenants to reduce the impact to our reserves (actually not that similarly, instead or a dozen vacations we may need to settle for half a dozen vacations - such sacrifice (sarcasm on the sacrifice part - I realize that we are fortunate)).Good luck, stay safe.  

Great article in the Review Journal today https://www.reviewjournal.com/homes/real-estate-millions/raiders-effect-impacts-luxury-home-sales-2030218/

Therefore, it is important to do your homework and examine all of the potential fees and expenses that will impact the overall return on your investment.

I've been trying to figure out the value, but I have heard mixed things about cell phone towers and their impact on the value so I have a couple of questions related to that and to auctions:1.