In Oklahoma City we don't see big hits from market shakes, but there was still some drop in property value in the last recession (6.5%).

When a few of these deals go south and people start suing each other, we'll have some good legal precedent (at least in California) for your type of strategy and have a better idea of how things will shake out.

No way to know how things will shake out in the end.Like just about everyone said, it is going to all depend on purchase price, location etc.I think you could be optimistic on 15%. 7-10 is probably more real, if you could get it.

As a generality, I'd be more cautious buying an STR right now as there needs to be a small supply shake out, something that's not likely to fully run it's course for at least another year.  

Only had one killer deal (7 adjoining  properties) where the end buyer knew the whole story, he was a neighbor, he is wealthy and very astute, he said he wanted to buy it and ask me to shoot him the price I needed, I did, he didn't blink as he knew what I went through to get at that point, but he did shake his head saying he should have bought it from the previous owner.

I'm currently leaning towards not doing cash for keys although I know it may incentivize leaving the place in better condition - just feels wrong in this situation and I'm having trouble shaking that.

Because the meanest Chihuahua lends a bit most just shake there leg at and later laugh at.

Yep,Always sitting on enough cash to move and shake if it ever tumbles again.I would love for the Australian market to tank also.I moved $$$ to the US when the dollars where equal.

We have taken great pains to add value, pay down notes, make sure the properties are maintained and our property managers are responsive. 90 days from now we will re-evaluate where things stand as the Coronavirus should have started to ebb and the market should start shaking off these early Shockwaves.

We have to move and shake differently than typical wholesalers.