Prices look to be all over place in East Hampton.For vacancy, I like 8% on MFR.Repairs and CapEx bump to 15% combined.

Honestly the more I’ve thought about this and talked about it, the more I’ve learned that every lender is unique!

@Collin H. people travelling distance for temporary stays, that are not essential, means they are likely being less socially distant then if they stayed put, and is the behavior most are recommending is stopped.I'm not sure where your vacation rentals are, but many VR areas are not accepting non-locals as the areas have fewer hospitals and related capacity, so a surge in people escaping cities would overwhelm local resources and hospitals.You have a bizarrely cavalier attitude in this wildly unique time. 

I would figure out an asset class or location that gives you a unique advantage, www.adventuresincre.com is a great resource for modeling among others

I have traveled all over the world, everywhere there is pro's and there is con's, every region and climate has it's own unique issues to address, with that MN is no different.

Glad I didn’t read Russel’s post while I had coffee, may have come out my nose...On a serious note, our location is somewhat unique as we’re not a pure vacation nor a big city.  

Virtual Leasing - we have completely transitioned to virtual leasing, using a combination of existing marketing assets (professional property photography, videos, and 360 tours) while rolling out a best practice program for our staff to utilize mobile devices (pads and phones) to create available unit specific tours.

Hello everyone,Hope everyone is taking care during these unique times! 

I work in 20 states and each is unique I get schooled all the time..

The 2019 property was unique (every deal is) in that the seller had to sell to complete a 1031 quickly, the property was not bankable (private interest only loan converting to a conventional after all rehab), and needed serious work.