@Mike Dymski: unfortunately, no one knows the answer to your question and until we employ massive antibody testing we won’t know.

Looking forward, the impact here is massive.

I agree with a lot of what has been said above - the massive job loss due to the virus will certainly have ripple effects through the entire RE industry (I'm already working with some of my tenants on rent adjustment plans).

For example: hurricanes, flooding, forest fires, blizzards, earthquakes, etc.Although coronavirus is a unique circumstance, this isn't the first time AirBNB has dealt with massive cancellations due to extenuating circumstances. 

We all got into STR for the massive margins, isn't it a a little soon for a "bailout"?

The property is in a fantastic neighborhood and is massive for the price.

That said it is still possible to get moving on deals and there is MASSIVE opportunity out there. 

Please understand there will be a massive bottleneck and these loans could take 4-12 weeks to actually hit the streets.

Scott Gottlieb, former head of the FDA, to companies in the NYSE.US will soon have massive testing capacityConfirmed cases will grow exponentially now that testing is finally getting rolled outDon't be surprised to see 1000 confirmed cases in a dayBy the end of April to early May, it will start to plateau (depending on containment behaviors that we are currently living)Schools will be closed for this school yearThe summer heat in the northern hemisphere will help to contain the spread, although it will continue to existEvery reason to believe that the southern hemisphere will experience rapid spread as the weather cools (expect continued travel restrictions)The risk posture will improve in the Fall with the following:Point of care diagnostic (local swab testing everywhere - will allow early detection)Therapeutic antiviral drugs will be available (not a vaccine)Monthly injections of an antibody will be available (not sure what this is), particularly for medical workers and members of nursing homesThe testing capabilities that are getting put in place will provide a massive surveillance system to provide early detection until a vaccine is in placeAll of this will make the virus more manageable until we have a vaccineThe virus is very contagious (more than the flu)10x more deadly than the fluEven without death, the hospitalization rate (15%) and critical care rate (5%) are extremely high (we don't have medical capacity without containment)Mortality rate:1% overall4% ages 60-7010% ages 70-8014% ages >801 in 250 to 1 in 550 for some his age (47) - said "that's enormous"He recommended that his parents stay home for a couple of monthsHe also felt that masks should be produced and mandatedThese bullets are subject to my note taking and I am certainly not qualified in this area.

The system is already jammed up and there will be a massive backlog very soon.