Even if the market doesn't fall, the chances of RE prices going up in the coming year is low so the risk is just the opportunity lost in the coming few months. 

I have heard of a few instances of homes falling out of contract due to hair stylist, restaurant workers etc who are out of a job temporarily. 

@Mike Rios I'm not the sky is falling type of person... but personally, I'm sticking to easy, slam dunk BRRRRs. 

That said, I’ve had almost no contracts fall apart after due diligence ends in my career. 

Given there will be no evictions hearings in April I'm expecting many of my tenants to fall behind in rent.

Fortunately, I have great local relationships with lenders so I will be on the phone first thing Monday, hoping the banks are open, to make the deal work.I'm not new the real estate so I have seen deals fall apart. 

It is better to focus on your subject property and figure out what sort of rent bumps you can bring to the property, and let loss to lease be a fall-out of that.  

Just seems logical if s.t.r. bookings fall, owners will dump them on the L.t.r.

Now that doesn’t mean they can fall in certain markets, ones that are more prone to a boom/bust cycle; but a retreat in housing prices is simply not a very common occurrence on a national scale.

Hoping to pick up a deal if the market does fall.