Cats don't do well in new places and they can cause severe allergic reactions in people.

For instance, residential real estate often sees a more immediate reaction to rate changes than commercial real estate.

When people have a negative experience or even potentially lose money in a deal, their knee jerk reaction is to throw out scam or ponzi.

I'm not sure the specifics of that market but my initial gut reaction would be that 90+ day stays may be a bit too limiting to make an MTR worth it. 90 days could work well with the average 13 weeks for travel nurse contracts but may limit your digital nomads, business traveler, etc bookings.

@Marco PadillaIt's easy for us to say all this because we have experienced it; the initial visceral reaction to a large loss is emotional can you give us more color when you are back in country?

Those people bidding $2M cash probably have a similar reaction on another deal to a guy bidding $10M cash.

It's weird how anyone would give a negative reaction because this is a case study situation.

With the latest news of State Farm's 'strategic withdrawal' from California, how do you think states will deal with this? Not care, introduce legislation to bridge mortgage insurance requirements with lack of provider...

Sellers, in light of this new proposed ruling, will have a knee jerk reaction, but in time they will themselves see the importance of having to compensate for greater buyer attention.We came out of a white flame hot covid market where commissions were flying, sellers were getting paid, and buyers were getting smoked if they couldn't bring 100K above ask. 

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