I feel guilty when I stop working on the projects because I feel the days keep passing and my property is not producing.

Ultimately, If I were you with a deal like that, I will schedule an appointment and if you act like someone who is going own that property, You never know - "The gods of attraction" may just be in your favor.

Contact your regional NARPM group- they track average rents in metropolitan areas and produce quarterly reports.

Concerning where to invest, I learned a lot on the way, here is some research that I did in 2018:Posh Grocery Store Affordability Indexfirst posted: 2018-05-19 07:53:43.214870As an out of state investor, the issue of comparing rental property nationwide is key.A naive approach comparison of median rental yield leads means that deeply blighted cities get compared with dynamic and affluent ones.Such an approach makes blighted cities more attractive.

Do you mean a building that you would loan $200,000 on would only produce $30,000 a year?

It also depends how bad any second or third waves of the virus are.Yes if you have a place that is remote say in the mountains or on the beach where you are not dependent on restaurants or attractions being open then you should be fine. 

@Johnny McCune I'm a new investor but I am really attracted to MHP.

If rates are at 5-6% in 5 years, this will be very attractive to a buyer.Depending on the loan amount (and a bunch of other factors) this may be a good candidate for agency debt (Fannie/Freddie).

We had and extremely busy winter in the Detroit market while it produced some of the best numbers we’ve seen in over a decade.

Scottsdale is an attractive market for several reasons...smart of you to put us on your list.