Close to downtown entertainment (less than 2 miles); enjoy the local bars or catch a Biscuits game.

@Brandon ScottGood catch.

I’m *really* hoping that the general population comes to their senses and prop 21 fails...dont give Oregon any ideas  :)   normally takes these clowns a few years to catch up.. 

The owner could consider an EIDL loan to catch up expenses if needed, and pay it back with the Tenant's back paid rent, assuming the Tenant will eventually pay.  

Close to downtown entertainment (less than 2 miles); enjoy the local bars or catch a Biscuits game.

What matters most is how WELL your policy is designed so that you can minimize the length of time it takes to catch up to and surpass where you would have been had you simply taken your money and invested directly into whatever you were planning to do.

You need to either get them on the phone or catch them at the property in person.  

For instance, a PM company I use got quarantined for 14 days due to half their office catching Covid.

Hi Eric, nice work catching the subtleties of the metric.IRR is an interesting, exactly equal to appreciation if there are no cashflows, and exactly equal to CoC if there are even periodic cashflows, and like you said it assumes cashflows are reinvested at the same rate which runs the risk of overestimating your returns. 

You are forever chasing the momentum but are never strategically placed to catch the momentum when it initially starts.