How does this compare to this property in Tarrytown, NY Bayonne vs Tarrytown thoughts1. both seem to hold strong value because these areas are popular. 2.

I'm looking to get involved in the REI community in the Boston area, and it has come to my attention that there are two popular REI associations; one of which is part of the National REIA, and the other of which is not.

Class A/B areas are the more popular places for Airbnb's and their prices should reflect that. 

But I bet things will go a lot better with an experienced guide.Good luck!

the finance sector that has really changed is the NON QM non owner occ loans that the HML / private lenders were off loading to Hedgefunds or other institutional note buyers.. these are not tied to the govmit.. so their funding sources just stopped over night.. so what your seeing is the SFR  BRRR person who was counting on a 5% rate to refi or cash out.. those are not available right now  cash out is limited or LTV pulled way back and rates at 8.5 to 10%  OVER NIGHT>. so those stuck in HML doing BRRRR have some issues and those that paid cash well if they want to pull cash it will be some time before they can at a good rate or maybe the rates will never be that good.. also some probably or a lot used their HELOCs to pay cash.. so now they leveraged their personal resi and cant pay it back until they refi. you know that was a popular model talked about on this site.  

I best bet is to do an off market deal and BRRRR but I am wondering if it is worth looking on the MLS.

I would not bet your life or your money on this train slowing down anytime soon in Florida. 

Real estate prices might not yet reflect it, but I would bet that there are more than a few motivated sellers of properties reliant on tourism.

If they're unable to pay in April and/or the foreseeable future you can bet the note holder has heard about it via the borrower.  

With eviction moratoriums in place, your best bet may be to have a discussion and accept what you can get, and setup a payment plan for the remainder.