Very conservative I would not bet but assume a 25% down given the current mortgage crunch. 

In the even that they do maintain a strike and put this landlord out of business, you can bet on the fact that the landlord or his successor will retaliate by suing each and every one of them for all unpaid moneys, bankrupting all of them, and evicting all of them in the end.

I’m surprised no one had mentioned them extended their free 100% refund cancellations to MAY 31.I bet the convo went like this:CEO: extending policy to May 31Execs: well, that’ll piss of a whole lotta hosts... you sure?

You always need to weigh the economical strength of the tenant versus the tenant specific improvements/build-out that you're considering spending cash on.  

@CJ M.so far based on my research, best bet looks like going with individual mortgage broker or smaller lender / credit union instead of big banks I.e (wf,boa,etc) as they have higher closing cost and not borrower friendly.

Wells fargo has almost no cost of capital but a huge infrastructure, so they are GREAT for big acquisitions but bad for small players to deal with.Smaller banks are more expensive but they become much closer to partners then lenders because their success is much more closely tied to your success.now if we are just talking Fannie Mae loans that can be issued by absolutely anyone then a local investor friendly loan broker is your best bet. 

Same with asphalt roofs, versus tile roofs, versus condos.  

You can rent month-to-month or longer terms, plus you will be charging "rent by the room" rates which are cheaper for the roommates versus renting a full apartment and should be appealing to them right now.

Maybe this clearer (PC) description helps with publically aligning renters and LLs as two parts of a whole versus the almost always portrayed antagonistic relationship. 

I am betting that in 3-6 months, there will be a ton of opportunities and you would be glad you had 230K to make some real money.Good luck