as a result of market correction / cycle they can call the loan due and as said previously - shut down your investment plans for good?

I know covid has most stuff like that shut down but it would be easier for me to go in with out 3 kids screaming to get it done lol.

At the same time I've had six separate incidents of vandalism and theft and we just want to get out.During covid shut down we could have terminated because of an addendum we had concerning short term rental.

The program is being squeezed by lack of funding from the Federal Emergency Management Agency (which pays about 75% of its cost), raising the possibility of a sudden cutoff that would force the county to abruptly shut down hotels.

., & @Timothy Church for you input.Correct, in regards to non-disclosure, this is very helpful explanation though as I would not have explained it as clearly as you Timothy.Based on our research, we have noticed that the rental pace in the city has gone down this month.

I was a PM on a property which sold sight unseen, for $50k over asking ($650k), to people from California.Anyway, when we got shut down, I lost all my STR bookings in two days.

Contract was accepted Everything was going smooth until the virus came and everything shut down.

In the front of it there use to be an church on the back of it its apartments, it's in an bad neighborhood but the main rode leads to Toledo Ohio's Downtown.

I don't have an indoor shut off.

Like I stated above, I've suggested investing outside of South Beach and into Miami, investing in condos, renovating our existing properties, and each and every time I am totally shut down.