My PM communicates to me that the tenant takes very good care of the property (music to my ears a tenant who wants to stay long term and cares for the property.) 

Also, what did your first 10 deals or 10 units compose of (ex.

I have attempted the east coast road trip and some time in St Pete Fl.... just not finding my people out here, when I looked for live music the other day and found none....well that did it....back to Cali I think.

Now that is music to a landlord's ear, a tenant who takes special care of your property and wants to stay for a long time. :)

When the music stops on eviction/foreclosure moratoriums, and when we start to see all the businesses who can't make it or are not reopening, it is going to get ugly - starting with travel, hospitality and retail.

I get that appreciation makes way more wealth than cash flow, but what happens when the music stops and appreciation stops or even reverses?

If you're not careful you can easily end up paying $200/mo in subscriptions without even realizing it (this has been the case with my partner and I, between video game stuff and music and entertainment, etc. etc...).

Sorry to see your troubles @Patrick Desjardins I compose all of our forbearance/modification to maintain independence from relying on my servicer to generate them.

It was musical tenants for awhile. 

Both you and Henry provided very in depth responses that I know took time and effort to compose.