Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.

Likewise, if they make it impossible to check major background info like evictions, many landlords will again take the next best choice - go to higher priced units, so the tenants will be worth chasing if things go bad.

My only point is unless you can see the future all you are left with is making choices that improve your percentage chance of success. 

Starting to build an Short Term Rental Business in a very popular area How did you find this deal and how did you negotiate it?

Industries that are well suited to remote working, finance and technology are examples, should be less impacted.In response to stock market volatility we see a flight to safe assets and that is why the entire US Treasury yield curve is below 1%, something that has never happened before.Some of the impacts to the real estate business model will be:-higher unemployment amongst tenants in impacted industries-lower financing costs-likely greater challenges with equity financing as investors ‘freeze’ in the face of uncertainty or are reluctant to liquidate stock holdings that have fallen dramatically in order to fund real estate investments-cap rates - downward pressure from lower interest rates (cap rates tend to be a spread over treasuries), upward pressure as debt and equity financing become less available (less buyers in the market)I think the greater concern is the oil price war given it is a fight that the US does not have direct influence over.We are at the end of an approx 12y bull market so some kind of correction is healthy long term, even if it is painful short termHere are some additional insights into how you might want to position yourself at this time:Focus on the right asset – I like the multifamily asset class because multifamily real estate is popular during times of uncertainty because during these times, people prefer renting and because it is valued intrinsically it is less prone to large swings in sentiment which can impact the value of single-family homes.Diversify your Portfolio – real estate has low correlation to stocks and bonds and this makes it a hedge against the stock market.

If not, then Refi and restart your 15 with about the same terms and for 8k getting 700 less on your payments.This is a life style choice over a what's the math says choice.

@Adam Oliver Probably not a bad choice as long as you don't need the money for a long time (several years) and don't mind a lot of volatility.

@Brandon Baker there's lots of choices for high yield savings.

There is a fee for this as a percentage of your commission, but I think there are at least two choices of programs so I'm not exactly sure what it entails at this time.

I like partnering because that allows to achieve bigger results faster and the duties can be split with others, but again this is a personal choice.