New listings are decreasing 30%.

One final note is that with COVID and people under economic stress, buyers of labor and services should be making every effort to keep their workers paid and in good shape in these months. 

It will certainly cause economic stress for a while, but will it motivate anyone to dump coastal real estate? 

Revenue of many commercial real estate assets has decreased while risks have increased.

You can experience an inflection point where your return starts to decrease as you increase leverage but that’s what due diligence is for.

A decent PM would cost a lot less than this $8,000 and you friend wouldn't have all the work and stress involved.

That would have been stressful without some buffer. (3) A GC title doesn't mean they that's how they function.

My larger houses are taking a hit so I've decreased rent a little on a couple.

I am not sure what your current situation is but you may not wan't that extra level of stress that will probably come from living in a rougher area, especially when you are just about to kick off your landlording journey! 

They will once again send the inspector to determine if all issues have been fixed.However, if you have problematic tenants or do not perform regular managerial inspections, an inspection from the housing authority might be very stressful and a nuisance.