Because of the pandemic, I was out of a job, but the rental was still be paid.

If the coronavirus kept in longer time, how does this change the apartment building investment? 

My question is, should I use my first time home buyers now or should I wait til this market drop and go through this recession/pandemic.

Our initial goal was to invest in Joshua Tree proper but we quickly learned the competition is pretty ruthless there (especially post pandemic), and we're just not willing to take the risks JT is demanding at this time.

Purchase price: $357,000 Cash invested: $220,000 Sale price: $762,500Our pandemic project full of anxiety driven by the pandemic.

A lot of these southern beach & mountain towns have been supporting STR for 75+ years, long before Airbnb was a thing, so they’re very comfortable with it and it’s a built-in part of the community.3) The Southern half of the US is more forgiving if your property is out of service for a couple months (a flood, property damage, coronavirus) bc you earn year-round revenue.

@Harjeet BhattiWhat are your bank requirements to close on a 3 flat during this pandemic?

Only issue I ran into is that it was hard to get some supplies because of the pandemic.

Now that im there (bec i can drop the bal to zero tomorrow if pandemic is not happening right now so im keeping my cash), im in a battle between just enjoying being debt free or taking on another loan to have a single home and a rental property… another topic for a different time.

Because of the pandemic and low interest rates a lot of home prices were inflated.