Like you said Attila now is a meaningful time for a lot of investors to look at how much they are leveraged.Something I've often struggled with is this...You start with one property, and you set aside a certain amount for future predicted expenses (vacancy, cap exp, etc.).

And some of these lenders for BRRRR or based on cash flow might be coming back into the market (some sooner than later it looks like), but there's no exact prediction when.

I've seen a variety of predictions and evidence from China's rebound.

@Brian Driscoll I have already predicted there will be a major shift.

Heck, my current tenant couldn't have predicted a divorce (...I don't think ;-)). 

Our ARV held true for the entirety of this project and sold at the exact price point we predicted, the only issue was the renovation taking far longer than expected.

Our ARV held true for the entirety of this project and sold at the exact price point we predicted, the only issue was the renovation taking far longer than expected and that hurt our profit margin.

And you're attorney wasn't wrong with her prediction. 

Medium term renting out of the 1/1 apartment at 1200/monthLong term renting out the 2/1 at 1900/monthPITI = $2455 Additional predicted monthly expenses and predicted vacancy: $310/monthCash flow per month = $335Cash Down: $8700Investment to furnish garage apartment for medium term renting: $4500Cash on cash ROI = 30.5%Renters secured on both the day after closing to move in on 4/1.What made you interested in investing in this type of deal?

I know it’s early to try and predict the total impact of the current pandemic on the STR market, but wanted to start a discussion - How many STRs will ultimately get converted to LTRs in each market?