Chase, I believe, was the only originating lender to attempt to go after appraisers, and they lost every single case that went to court (I believe they were able to settle with some E & O insurance companies). 

I work for a family office in Manhattan with $300MM+ in assets, I can tell you, successful sophisticated Landlords and the larger real estate companies who own hundreds of millions of dollars worth of residential and commercial real estate are not sending e-mails to their tenants offering rent abatements or discounts right out the gate.

If you pull showing stats out of ShowingTime, our numbers are way off versus the previous 2 weeks YoY.2019:https://www.screencast.com/t/y...2020:https://www.screencast.com/t/e...I suppose that won't necessarily mean that pending deals will be down in the coming 30-45 days...

My main long-term concern is AirBnB, since these kinds hotels compete on price with AirBnB, especially since they don't have a global or nationwide brand name.

If they have a property where large and regional brands have built up the area the last 5 to 10 years and mom and pop places had vintage leases way below market in good locations then landlords have some possible NOI upside on releasing.

Overview of Prisoners Dilemma: https://plato.stanford.edu/entries/prisoner-dilemma/Picture of Prisoners Dilemma: https://www.flickr.com/photos/gforsythe/8245423564Overview of the Efficient Market Hypothesis: https://www.investopedia.com/terms/e/efficientmarkethypothesis.aspPicture of the EMH: https://image.slidesharecdn.com/12efficientmarkethypothesis-091013132117-phpapp02/95/efficient-market-hypothesis-7-728.jpg?

Brand new to the game looking to start investing in southern Maine.

@Junior Abraham it’s also brand new and hasn’t been appraised yet.

Anyway, I'm just spitballing some ideas for you and to maybe help juice the creative juices.  

Unless you set the LLC up as an S-Corp or Corporation (verify this I'm not a tax professional) it'll report on your personal taxes under schedule C / E.