Originally posted by @Tone Church:..................................................................................Hi Tone,If there are any pets in the unit (including secret pets not on the lease), make sure they have food (Purina) and water (use the dishes in the cupboard).If you don't want to keep them yourself, and the residents emergency contact can not take them, contact these people: https://www.nokillnetwork.org/d/New-York/If it will be a few days until they get there, leave a whole bag of food cut open and a large amount of water.If you don't want to go yourself to find out if they are in the unit, ask the first responders, neighbors, manager etc... if there were any pets in the unit when they hauled the deceased lady out.

That can give a triple whammy to a residential landlord with a big headache and reduced anticipated returns to even a partial or almost complete loss of investment.I am born and raised in GA 45 years so far and not a big fan of certain areas.

It's April 1st, so I assume at least some of you are experiencing income problems, either late payments from tenants or possibly no payments due to tenant job loss.

We believe that either of these actions would materially increase the risk of unnecessary loss or otherwise avoidable problems for the vast majority of our investors who have not requested to redeem and intend to stay invested for the long term.We recognize that the current coronavirus pandemic is evolving every day and therefore the situation may change rapidly.

. - In the good times and the bad I keep a running list of job opportunities I see, temp agencies, gig jobs for supplemental income, local resources (rent assistance, food assistance, etc), and anything else I think may be beneficial.

When they do move out, you need to make a reasonable attempt to find a replacement tenant and re-rent the property so that you can "mitigate your losses".  

Any additional loss you suffer will probably not be covered under the policy. 

It is a substantial loss as we are unable to fill the airbnb space and the subtenant lease is significantly below market rate.

Yes, it’s still a seller’s market.Depending on who you ask, it’s either a return to normal and everything is going to be great again, or the last gasp at the top of a market cycle before the unemployment/stimulus runs out.Nearly everyone agrees that taxes are going to have to go up to pay for all of the government rescue programs.What kind of taxes and how it affects RE remains to be seen, but it’s not usually good - particularly if they target 1031 exchanges, alter the RE depreciation schedules, eliminate the 25K loss that can be taken against ordinary income, etc.Similarly, we won’t know the effects of the mortgage forbearance programs, and eviction suspensions in some states, until later this year.But for right now, yes, things still look pretty good out there (if you’re selling, anyway).

Note the private market do not usually take a property that has had a flood loss before.