We assume all are aware of the SBA options, however some of the smaller tenants had expressed they didn't believe those options had applied to them, so this was a gentle nudge ;)Invoicing has remained for full rent. 

My short term rental will remain profitable even with 50% vacancy and will be able to break even converting it to a long term rental.

If the landlord fails to give the required written notice, the tenant may remain in the dwelling unit for up to sixty (60) days after the date on which such required written notice is given to the tenant, regardless of the termination date specified in the existing rental agreement.

I think the mentality is "medium-term inflation be damned, everything in the arsenal needs to be used to keep things above water near-term".Perhaps there will be a moment in time where great deals can be had before rates start heading back up.

There will be additional opportunity to develop the remaining 15 units.

I would imagine it would adjusted for inflation, right?

The rents cover roughly 40% of everything on a monthly basis (P&I, insurance, utilities, property tax) and the remaining 60% is from me.

However, what is really interesting is that the land price remained the same… Investments in lad are much safer.Senator Copeland.

Typically, yield maintenance is calculated by taking the NPV of the remaining loan payments, but using the then current treasury rate as the discount rate.

For the time being, I'll remain patient and focus on loving the process and gaining knowledge so I'll be prepared when the opportunity comes.