As long as the property is managed properly, you shouldn't have issues in attracting renters though, athletes or not.

Now, with the increase in September, we are 4.2% higher than the February mark, meaning retail sales have had a full V-shaped recovery and are now starting to look more like a checkmark.

Oregon has a lot of tech and athletic companies to diversify itself economically.

(Wage garnishment is how I collected every penny of the $6,000 owed to me.)Even if you didn't want to go through the small claims process for some reason, you could simply put the money owed to you on each of their credit reports as a debt through a company such as Rent Recovery Service or Mr Landlord Debt Reporting. 

One major contributor to the recent recovery has been the Fed's liquidity policies, which have helped push 30-year fixed mortgage rates to record lows, boosting affordability.

@Whitney Hutten You make some very interesting and unexpected points.At this point I'm intimidated by non traditional financing but I do plan to learn a lot more before I make my next purchase.I've been thinking quite a bit about partnering with more experienced investors as it seems like a great way to gain mentorship as well as to maximize the success of the investment.At this early stage my portfolio is fragile and I can't afford to make big dumb mistakes.At the very least I do not want to make another RE purchase until I'm feeling really solid on my network and education, not to mention the recovery of the economy.The question of whether to sell or hold has tormented me for years.There is one other factor I neglected to mention in my OP that made me decide to hold the property, for at least a year or two longer:This home is within throwing distance of a major city overhaul project that is drastically improving the area immediately surrounding it.It's been transforming a creepy downtown area that previously you would not want to walk at night (or even the daytime) into a bustling mixed use community.The project has been going on for years and right now is finally in progress in the blocks visible from my house.Also the house has easy freeway access, and is positioned within 10 minutes of an extremely expensive beach area.

There is no such recovery and the government's poor handling of the Covid crisis has made things even worst.

Because in the end if they know they aren't going to be let out without paying a penalty that relative may have a miraculous recovery and they will stay. 

The overall sentiment for my industry is that there are signs of recovery but won't fully recover until 2022 or 2023.The LTV is around 60%.

If taking bonus doesn’t make sense, keep in mind that the recovery period will be 15 years for most tax payers, adding a big tax advantage compared to previous rules, where QIP was 39 year property, not eligible for bonus.Like anything else with the IRS there is nuance and this can get technical, so keep in mind that I did simplify things.