And if it bears out, or even any fraction of the possible delayed opening of the strip, it would likely hurt LV RE pretty harshly (every high end pit boss, restaurant GM, baller club boss, etc. will get crushed).

We have not seen a fraction of it yet...wait until testing in mass finally starts.

You could very well be a good candidate for a move into commercial, NNN, or fractional products that are all 1031 compliant

The problem is that we are only testing a small fraction of people who have symptoms of the disease.

It is conceivable that the demand and supply could flip such that when Cities are open for business and begin issuing permits, there will be an over abundance of contractors and skilled labor, but no appetite or demand to spend money for renovation projects because of the projected high unemployment and stock portfolios that are worth a fraction of what they once were.

What happens when a home is sold at a fraction of the assessed value? 

Without doing the math hard to know if you found deal or no deal...... some percentages like tax rates & realtor commissionsaddition & subtraction fractions 5 out of 12 months leftdivision mainly by 12. 

I think these types of investments work for three specific scenarios:1) You can buy multiple of them in the same building and use them only for STRs via AirBnb to reduce operating costs and maximize returns.2) Investors whose portfolios already have lots of appreciating properties and they want a luxury lifestyle at a fraction of the cost.3) Seniors on a fixed income with limited resources who plan to carry them through retirement. 

It would only mean you're getting a fraction of the tax benefit for the wear and tear on your vehicle while the rest is being allocated to the other members, as Michael noted. 

(b) (i) Any person or entity who faces a financial hardship as aresult of being deprived rent payments for property pursuant to thissection shall receive forgiveness on any mortgage payments for suchproperty for ninety days, in an amount determined by the following frac-tion multiplied by such mortgage payment, up to the total dollar amountof lost rent: (A) The numerator shall be the total amount of rent payments suspendedfor his or her tenants over the ninety day period laid out in thissection;