It’s hard to guess what our country much less our economy will be doing in 60 days but it’s Keeping me up at night.

And yes, my median stay across all properties is 30 nights, average is 11.

The umbrella is an inexpensive way to sleep well at night and not worry much at all about liability.Of course, I do my best to keep my properties in good repair and hazard free as well.In my opinion, these things keep a small-scale RE investor safer than an LLC.

I got a couple ideas that may help increase rent but in all honesty I believe the rent can go up over night just because it is under priced.  

Deal Numbers:Property as-is worth ~415kPurchasing for 360kTaking 295k 1st position loan "subject to"Seller is financing 30k in 2nd position Downpayment of 35k at closing Here's the sticking point - I've analyzed this as a AirBnb/VRBO rental and based on past rents in peak season, the property gets $300-$350/night.

HomeCAGR and CoCR both about equally contribute the most to over all return, so it would be worth thinking about what dives both of those and focus your strategy on one or the other.

He's a boilermaker foreman working night shift. 

I then also did a deep dive into the BP podcast and any real estate book I could get my hands on (BP has a lot of them).

Kidding-not-kidding...On a more serious note:It looks like the East Coast is all about "omg shut down night life, all establishments must close at 8 pm."

I issued an email to all of our tenants last night, titled "Response to COVID-19".