Now, I'm also a little concerned with how hard Alaska will be hit due to recent events and the layoffs, oil being so low, tourism being hurt this year and I even heard about the fishing industry taking a hit.

Should I expect home values to drop at all over the next few months-year due to current events with the pandemic?

Check out the Events tab at the top to find local meet ups around you.

@John Stewart How did you arrive at the conclusion that this house is a viable event business ?

Some post on biggerpockets.com/events and you can also find some on meetup.com and kreia.com.

Know when enough books and podcasts are enough.Set a due date for every event, action, etc ...

HELOC is a good source of cheap money, if your are willing to risk your house in the event the deal you do goes bad, usually reserved for an experience investor.

Please can someone give me an answer relevant to an example of a profit made through a flipped property, that has a short term capital gain tax event and the s Corp owner wants to draw from that profit, and also would the profit be double taxed as capital gains and income tax? 

I’ve never really thought about some external event causing them to miss July and August, perhaps a hurricane or something, but this just further illustrate how nice it is to have revenue spread out across all 12 months like we fortunate folks with vacation rentals in the southern US have

@StephenKeighley thanks for the info I think I may have spoken with Braden Smith about that before I will reach back out with him to see when is the next NOREIA event when the virus crisis past thanks again.