Current sellers won’t be ready to meet the new prices that buyers will demand, and the until the (possible) devastation sets in, distressed properties will not be as readily available.

Lower than a 4 will not be much of help as of right now rates are getting tight due to demand and lenders are not offering lower than 4's.

Or it's the other way around and the community will boost the price and demand for nearby houses?

It doesn't mean you should avoid this strategy, it should just be considered a good supplement to SEO, cold calls, letters, or whatever - not a replacement. 

Home development (pros: good ROI, cons: not a very demanded area with slow churn and sales cycles, large upfront fees)2.

Investment Info:

Single-family residence buy & hold investment in Holbrook.

Purchase price: $365,000

Cash invested: $20,000

An apartment in my primary residence.
Upgraded when purchased to comman...

He’s demanding I pay and now threatening legal action.I am hoping that because a) we never had a signed agreement and b) he never discussed these ‘new charges’ with me in person until after the work was done, and its now a c) he said-she said type situation, if this went to court they would rule in my favor.For those of you that want the full story, here it is:In January of 2019, I received my initial estimate from this contractor.

This was also in the Airdna email:Key Takeaways Demand and revenues in Beijing, Tokyo, Milan, Rome, Seoul and others have plunged throughout the month of February and into MarchMost US markets remain strong and stableEvent cancellations in Austin and Barcelona have dealt crushing blows to hostsHosts in many locations are decreasing available rates to incentivize travelBright spot: booking behavior is highly localized and dependent upon destination type (leisure versus urban)Short-term rentals are often more immune to the impacts of pandemic than other travel industries 

In no particular order I have listed some of the most popular markets for out of state investorsCincinnati, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

Also a refi will be higher than a mortgage at sale time.Even before the coronavirus, rates around here were a bit higher than usual for investment properties because of the demand for mortgages.