I want to pump everything into passive income and expense reduction.

Now investors are different they will take the price reduction and have it hurt quality.

Reduction in savings, profit margins, discretionary spending, or nonessential assets shall not constitute material economic hardship.

If I see a 50% reduction in rents it’s because we’ve reached peak catastrophe...

I just got a property for $40,000 less than asking and got another after someone offered about $30,000 more than asking than slammed them with $25,000 in reductions from the inspection- seller walked right back to me.It's easy to find reasons not to buy and you shouldn't buy if you feel this isn't a good market but MPLS still has some of the lowest vacancies rates in the country. 

Which resulted in a nice reduction in P&I along with the elimination of PMI. 

@Arif K.Hire an attorney, stay professional, follow the lease for guidance, and do your best to firmly enforce the lease & have the goal to get her out ASAP.Why is she demanding a 30% reduction in rent?

The IRS recently provided guidance regarding eligibility under the CARES Act and specified that a qualified individual includes an individual who has a reduction in pay (or self-employment income) due to COVID-19.Note: It is too late to take a loan under the CARES Act.Distributions:If so, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020.

If the property does not appraise the buyer has the right to ask for a price reduction or cancel the contract.

Those don't come along very often, and when they do, they are less desirable properties-- if they are something that anyone wants to own, they will sell for a slight reduction in price.