Even though it's tough, you'll get stronger and smarter than those sitting on the beach waiting for the tides to turn in their favor.

I suggested waiving the entire first month but our manager suggested we wait to see what happens with 50% off first.

You can send the guests an automatic message when they book telling them you can't wait to have them and that you offer xyz (I offer Birthday, Romantic, etc.) packages if they have any interest in hearing more. 1 week before checkin, Hospitable sends another automatic message asking if they want to add anything last minute if they haven't already.

Drop price $50 or $100 Wait 2-3 weeks and if no renter emerges drop it another $50-$100.

If that is the case wait till your 18 and purchase a small multi family to house hack.

Personally I’d wait and see what happen.

Most land buyers who are developers usually stick to a very predefined region within their local market and they hunt and wait for killer deals and market swings to get the land they want for the very specific purpose they want.

I'm finding that this strategy is helping people, building repour with people, and continuing to keep business moving forward while some say it's hard and sit on the sideline to wait until there is mass movement.Appreciate your time and reply and good to hear that you're experiencing some similar action a couple hours' drive away. 

I would've rather have waited a year or 3, to buy something at a steep discount and I would've seen appreciation a short time later.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.