I know this guy that lives in small town with a depressed economy, but he's making a killing with 23 STRs that he rents only to refinery contractors with a per diem that come to his town for short term specialty maintenance jobs at the refinery.It's kind of a rough crowd of tenants. 

I can think of ten different ways how your net will go up or down depending on the agents performance by $2,500.PS: when I was managing a business unit at corporate through the 2010 depression, the first thing the board wanted me to cut was marekting and sales people to combat declining revenue.

When can I not use rehab for bonus depression. 

So if you just continue to hold for cash flow, you should be okay assuming rents haven't dropped (which they likely won't unless you're in a major depressed area).

its a 3 bedroom 1 1/2 bath the particular area is a little depressed but in any direction from that home you cant touch a house for under 200k  its a weird area, lots of older original homes in the area, i have another SF down the road from there and found tenants very quickly. 

I would say the Great Depression and the Civil War and possibly other events would qualify"never in history (and please fact check me on this) has there been an event that has had such a massively negative correlating effect on all sectors of industry all at once"

Stock market losses will add to the chaos creating a new batch of opportunities.Oil Price collapse impactWill further depress housing and other aspects of localitiestes with oil dependent economies.Conclusion: corona virus and oil price impact will take billions out of economy, impact can be predicted, quantified and opportunities could be generated. 

Of course, it's possible that we have an even worse recession or depression, and a prolonged downturn leads to job losses, and in turn foreclosures, but it's too soon to know if that's where we are headed.So, it seems to me that housing should do better than last time around, and self storage not so much, unless things go very far south.

It's supposed to be a place to have fun and forget yourself for a bit - it seems pretty depressing to go there if everyone is required to wear masks and there's someone enforcing distancing between guests. 

If people start doing drugs with idle hands, not working and to deal with depression from losing their job, the Fentanyl effect will be known by all, but won’t be on MSM because it’s from China.