Sometimes the TREC form gives sellers the most confidence, othertimes a shorter, easier to explain custom contract does the job.

How confident are you that you can weather a temporary (or multi-year) downturn and still be comfortable making payments and maintenance?

Confidence in buying is clearly down however and some sellers may rush to get out of the market faster by sacrificing some equity which could shift prices in some areas down a little.

I am guessing the plumbing that needs work ultimately travels under the other half of the property, but if not, why do you need to contact them?

When this blows over people will be looking to make up for lost vacation/travel/event time.  

I am aware that the vacation destination and vaca travel has simmered down due to the COVID-19; so with that taken into account, my intent is to start putting things in motion so that I'm operational when the economy and travel confidence improves.  

They likely won't commit until you have an actual deal lined up, but no point in lining up a deal without some level of confidence that the money will be there to execute.For my wife and I, we did have some money, but not enough. 

Based on my limited interactions with the tenants and seeing their living spaces multiple times I feel confident in two of the three tenants.

With the strict setting in place 48 hours after booking is made the guest isn't refunded even if they cancel.Real life example for 1 door;My pay out was about $800, but then the guest canceled so they get %75 of their money back, then airbnb will issue them a travel credit for the rest, which also ironically covered the transaction fee and occupancy tax.

*Asked tenants to contact us if they have recently traveled overseas or have symptoms.