Yes, STRs are heavily impacted right now, but like all things, this will pass and people will want to vacation and will need places to stay...so it's a matter of having capital to weather the storm if you do find a good deal. 

Here is what I did: 1) screened interested parties heavily prior to inviting them to see it. 2) took my husband with to the showing... so he could wait outside for the next party (I schedule my appointments to show my units every 30 minutes). 3) I attached this message to their appointment invitation: “Out of respect for the current tenant (due to the Covid-19 situation), would it be possible for you to come without children & wear a face mask?”

Sure, other LL's will argue its an administrative cost of time and effort, but I rely heavily on my prescreening and conversation at showing to whittle it down fast and efficiently.

If you have exposure to a state gross receipts tax, then the latter presentation becomes disadvantageous and its correctness needs to be more heavily scrutinized.

Relying heavily on my contractor to point out areas of concern.

We only accept emergency maintenance calls, which are defined as an issue where someone faces the potential for immediate injury or the property may be heavily damaged. 

We are also heavily influenced by international events (including how other countries are handling this pandemic) and & world economy (watch out for more capital flight from Latin America after the COVID dust settles).

It heavily relies on a market rife with criminals. 

We are not heavily regulated with laws that don't make sense or that treat the Landlord like a criminal.Also, our tenants tend to be more responsible than what you might see in a larger city or more populous state. 

Below are a sampling of articles on the positive economic growth and why I'm bullish:The Chicago Neighborhood Initiative is heavily vested in the area and has attracted more than $350 Million in investments and created an additional 1,500 permanent jobs, leading to a job increase of 43% for the area (Pullman Revitalization).