Another thing, unless you have considerable experience buying properties I would steer clear of FSBO.

Trying to time the market with a primary residence can have you missing out later down the line if prices rise and you can no longer afford your desired location.

I wish all clients were so considerate and appreciative of good service.

It seems also to be bullish for STRs, and bearish for high-rise hotels.https://www.yahoo.com/news/coronavirus-create-kind-tourist-130039607.htmlOf course, there is another driver not in this piece that will be bullish for drive-to STRs:  Budget constraints. 

It's required for high-rise work, hospitals and schools. 

The mixture with low interest rates compressing CAP rates and demand for retail space diminishing, we will more than likely see stagnant rent growth and rising cap rate (as interest rates increase).

If true, the cash on cash would be a variable, resulting from cost of expenses or rise in rents, or of course, both!!!

To quote one of our clients who is purchasing his fifth property with us “Detroit is being reborn like a rising Phoenix from it’s own Ashes.”

Also, your credit score will rise.

Not a consideration at all, in fact all our rents are either on-time or early as are our mixed use NNN commercials.