Regarding aviation, traffic is at around -50%, Boeing is having new problems now related to the 787, and there is the never ending fight about subsidies and state aid alledgedly received by either Boeing or Airbus.Petrol demand han rebounded even less than forecasted due to an increase of new COVID cases.People who used to commute are teleworking and not using their cars, and relocating to less expensive areas, where they can afford larger properties that are also cheaper.The tech industry will do well, only if it is not regulated before, submitted to antitrust measures or to more adverse taxation.

I want to let those folks know that we didn't accept their application, not because of any bad reason, just that we selected the strongest application based on all factors.Do I require an adverse action letter for those denied applicants?

Their credit was barely over 650.Since we're obviously going to deny her application to be added on the lease, my questions are these:1) Adverse action letter: What to list for disqualification on letter -- just credit stuff or list all reasons?

Do we need to send out denial/adverse action letters to every application we screen that doesn’t meet minimum qualifications? 

Or just move in yourself, start paying taxes, go to court and claim adverse possession!

Every adversity carries the seed of an equal or great benefit!

A lot of these comments are tipping my scales to be a little more conservative & risk adverse with my first deal which agrees with what my gut is telling me.

But to echo what someone else said, if you're happy with 7% and adverse to risk, look into some mutual funds.

Aloha,You need to use a standardized Adverse Action letter to notify all denied applicants.

Everyone has their own path, and it's how you will respond to adversity and difficult situations such as this one, that will strengthen and craft you as an RE Investor.