Agree that triple bidding out will be important. 

@Scott McElhaney it’s a triple N lease and the tenant is paying for the entire buildout.

I double and triple checked this deal so I believe :) the numbers are right but let me know if I am off on anything.- C (I think) neighborhood in NE houston.

That can give a triple whammy to a residential landlord with a big headache and reduced anticipated returns to even a partial or almost complete loss of investment.I am born and raised in GA 45 years so far and not a big fan of certain areas.

But, I believe urban areas, like Minneapolis/Saint Paul where I am, will see a large temporary loss of STR inventory, and most of that loss will be from the bottom of the barrel, because they aren't profitable enough to justify the risk, but the highest performing STRs will of course stick around, because they're doubling or tripling income from LTR.I also own a duplex in Rochester, MN a few blocks from Mayo Clinic, that I'll be putting half of onto airbnb when it's done (I wish it was ready so I could help some healthcare folks out).I think it's like most industries though, the most robust and efficient businesses will withstand this crisis, while the weaker, unfortunately, might not.Just to predict, I think across the airbnb platform we'll see a temporary (maybe up to a year after the crisis comes to an end) drop of inventory around 10-15%, but I think bookings will drop by less than that amount (after the quarantines stop).

I find it a little bit galling that commissions essentially doubled or tripled in highly appreciating areas over a few years, with little change to the work load. 

And I think the Coronavirus/COVID-19 is exactly the kind of catalyst that will cause us to start looking at declining rents for the first time in years.What I think will happen is what happens in every recession, namely that a lot of people will be forced to either move home or double/triple up (get roommates, or more roommates than they had), which will reduce demand.It's possible I'm wrong, we could (eventually) get inflation and maybe rents will keep rising.

Some information about where we are at;We currently have 2 triple line Mojo Dialers   - with four part time in-house cold callers (16 hours of calling done per day)  I launched Carrot Premium, thinking about their SEO service to really nail down the website.

Some information about where we are at;We currently have 2 triple line Mojo Dialers - with four part time in-house cold callers (16 hours of calling done per day) I launched Carrot Premium, thinking about their SEO service to really nail down the website.

It's possible that the proper operator could double or triple the income of a previous operator if done right (or if they were doing it wrong).