Now if credit markets severely tighten, that will make a difference, but we just don't know what's going to happen.

-if prices do not rebound we will need a plan beyond that and it will not be pretty-this can and will hit the rental market in a variety of ways and here are a few potential issues i see.1. higher end rentals could see prices drop or vacancies increase as this type of downturn could hit middle to upper income families that have not budgeted or who see their jobs or incomes decrease as companies tighten their belts and cut salaries or even lay off more folks.2. low income rentals would see more evictions and more late rent payments and potentially small decreases in price - while many of the low income families in town do not work for the oil and gas industry they do often work in service industries that are frequented by oil and gas folks or depend on programs that are subsidized by oil and gas money in our state budget. 3. property prices and values - prices are being driven up on investment properties mostly by out of state investors as there are very few areas where you can get a "decent" property for under 100k and we are still one of them. 

A 5-day booking scheduled to check in tomorrow just cancelled, so I'm out 5 days of revenue with almost zero hope of rebooking.While I'm all for people being responsible about their travel plans, I'm not all for hosts getting hosed - if AirBNB wants to play travel insurer, they should do it with their money, not mine.This is one of many reasons I'm glad my STRs have fat margins, because if this goes on for long there's going to be belt-tightening happening!

Tighten that up, develop a 30-second elevator pitch on why you can be an asset, and you will have a much better chance of someone wanting to help you learn, while also gaining something from you.

They tell me part of the reason to increase rates and tighten credit requirements is to reduce the flood and only deal with people who are very likely to be approved.You seem to keep equating what is happening now to the financial crash of 2008.

But it does not good to have landlords start to default because of this as well. this trickles down to the banks and credit tightening etc. and or new lending guidelines were lenders will want to see 12 months reserves in cash per loan.. which frankly is the minimum I would have in the rental bizz up to a certain dollar amount.undercapitalized landlords lose properties everyday.. all these folks that are bottom feeders or hoping for defaults and picking up the scraps are going to do so from their fellow landlord.. it wont be homeowners by and large that lose these props as I totally expect lenders to bend over backwards for owner occ loans if they are distressed and find themselves without cash flow. 

I usually don't make anecdotal comments on the forums but I expect certain aspects of commercial lending to tightening up significantly over the next 1-2 months. 

They have tightened giving any loans now.

You need to tighten us your insurance, electric, and water bills. $80 is certainly wrong for each.

I feel loans are starting to tighten up.