We knew that southern California is always the first place to rebound and would be on the front end of the recovery. 

Who owns them my guess would be: Ceo's, athletes, and actors.

We are past the 15th deadline and many of us close to recovery/finishing vacation after a stressful tax season

Most every business that has reopened has raised their prices.Now, we will most likely have:A significant amount of foreclosures.A significant amount of evictions.Significant recovery from a REALLY low point in the economy.

However, recent analysis of nationwide Airbnb rental data that my team did shows that overall the Airbnb market is already in a recovery mode.

But I’ll take lower Covid cases and a definitive path to recovery any day.

The larger the DP, the more "you" paid for the property since the rest of it, if leveraged, is paid for by the tenant...as long as you have positive CF.Example:  $100k property; Cash Flow without Mortgage = $10k/year;  CF w/ mortgage = $5k/yrOption #1 - 100% cash purchase of 1 propertyCost = $100k; Equity  = $100kCF/Yr = $10k# yrs to recovery of cost = 10Profit after 10 years = 0Option #2a - 20% DP; financed = $80k of 1 propertyCost = $20kEquity = $20kCF/Yr = $5k# yrs to recovery of cost = 4Profit after 10 years = $30kBoth properties appreciate the same based on $100k in property valueOption #2b - 20% DP; financed = $80k times 5 properties (using the same $100k)Cost = $20k/property = $100kEquity = $20k/property = $100kCF/Yr = $5k/property = $25k (5 propertis)# yrs to recovery of cost = 4...all 5 are recovering simultaneously Profit after 10 years = $150kAll 5 properties appreciate the same, but the total appreciation is now based on $500k in property value, meaning you would be gaining appreciation 5 times faster than the first 2 Options.

Good news is recovery is easier than building it the first time :) .

Care to provide any examples of these govt agencies acting as counsel for an agreived seller where actual recovery for the sellers occurred in their civil suit?

From about 2010 to now, prices were climbing back up so the earlier in the recovery cycle someone purchased property, the more upside potential something had.