A brand new building with commercial space on the first floor could mean new restaurants, shops, and businesses for the neighborhood, all of which would mean the area would become a more desirable area to live, and your property price would likely benefit as a result.  

They aren't as busy as some other shopping centers in the area.

Now you may say if the company goes belly up debt gets paid before equity, which is true, but since we do not have any debt against the loans, if we had to sell off the portfolio it goes to preferred shareholders first and any profits to common shareholders after that. 

I work with The Short Term Shop and they specialize in helping investors purchase and learn to run and manage their str's. 

Toledo is notorious for bad operators and poor quality of workmanship in many industries.Wishing you much success 🙏🏻  It's ok being a copy cat as long as you copy the right cat haha Haha that is true 

Is this true or just a rumor?

If it's the latter, then yeah you're going to have to shop lenders.

People bought what they needed for groceries for 2-3 days and then would go shopping again.

If you are shopping strictly by price, you will likely not do well at all.

True, the banks DO have trillions of dollars lying around but they aren't lending it because they can make risk free money by buying treasuries from the Fed at lower interest rates.