They're urged by family and friends to take the "smart route".

@Philip Calixto In my opinion, it's smart to have a roofing contractor look at it.

I think some landlords fall into the mistake of increasing or not increasing rent automatically, without understanding what the market warrants.You think it is a pain to rent a property during a pandemic, but also keep in mind it is a bigger pain for them to find a place and move during a pandemic.When we do renewals, we generally offer two choices.

- community flow through hopefully keeping money changing hands and rents and mortgages paid. 10K Loan SBA - for the smart people that use it as runway can buoy market - save there houseDefault rate at historic lows before the crisis (always increases at the turn but still they were super low - 2-3% ish)Houses still being bought and sold (we just sold one in port richer and one in Littleton) - both vacant though but a lot more activity than I expected. 

This is super local, of course, but it may be smart to split the difference.Insurance looks high on a $70k property.

@David Almasy you can easily manage it yourself with Airbnb/VRBO, a few automation tools, and a smart phone. 1 property won’t take you more than 30 min a week once you get it all set up.

Smart deal. 

Instead of waiting for retirement and buying then, you can just buy today for much less money and you can get the property pay for itself through rentals and you can use the property for your holidays.And, if you happen to change your retirement plans in the meantime, no worries you can sell for a nice profit and will have made some great rental income along the way, which will allow you to buy a nice place in your new destination of choice. 

@Jonathan AlmanzaWell you have two choices, buy now at a high price while lenders are relaxed on lending standards or wait until standards tighten up and housing prices drop.

I believe that good development and smart investing can not only be financially rewarding, but also leave a positive impact on the communities we are a part of.