We have 2 STR's that have been heavily hit by COVID, and we've talked to our mortgage company for both, including our primary. 

This means I have passed on deals that others who are more aggressive and willing to leverage heavily on would buy.

Trouble is, of course, the medical professionals relocating to help out in the "hot spots" rely heavily on STRs for accommodations close to where they work.

They heavily referenced CARES act that eviction is currently not allowed in many states.

We've found a quite a few & are still investing heavily.

Drink Heavily :-)  Will be investing outside of AZ. 

Most people who are wiped out in a crash are speculators and those buying on the margins, i.e. they have little to no cash of their own and are heavily leveraged or can't absorb any hits on their portfolio. 

I will be investing heavily in tax deed properties in Montgomery, AL.

Despite what gurus will sell you on, unknowledgeable people will tell you, and people with an axe to grind will insist on, the odds are heavily stacked against anyone trying to “wholesale” notes.

I tell them how wholesaling works (the "cash offer" really being an assignable contract that they shop around, etc) ..and just casually mention that I actually do have cash and am always looking for my next project :)   So in a way, it helps me, but you should know that if you are cold calling this area, you're hitting one of the hottest markets in the country, in a market that is already being very heavily squeezed, contacting people that have already been contacted a lot before.