@Trenton Miller, thanks for the information on ensuring property is in good shape and not fixer uppers.

I would put both tenants on the same lease and ensure it has joint and several liability.

Here are some things we did to try and ensure a quick sale, and maximize return on investment/prepare for possible price reductions, once shelter in place orders began:1.

Good plumbers will have a motor driven auger with cases worth of extensions to ensure the line will be as clear as possible.   

Ensure a well-drafted, written lease is in place to avoid issues.

With that said:ARV*.85 - rehab -holding cost - closing cost = offer (feel free to add in some sort of buffer for unexpected cost)This would be the same if your cash refi was 75%, 80%, etc.This ensures that you are not pricing yourself out on some potential deals.Now for the rental analysis, take the 1% rule against what the actual loan will be, not the full ARV.

You need to craft a plan while you have all this down time to ensure you outlast the typical agent in this town.

They can ensure you are set up to maximize your loss.

They include some recommendations across all three phases including good personal hygiene and employers developing policies to ensure social distancing, testing and contact tracing.Phase one includes much of the current lockdown measures such as avoiding non-essential travel and not gathering in groups.

The nice thing about it being online as well is you can set up automatic reminders to ensure that they are getting reminded of an incomplete application or missing documents, etc. all without you having to take the time to check and see if they turned it in or send in docs.