Not to turn this political but i think its time to start recognizing that there is a real chance of this becoming reality and its only a few months away. 

Maybe a money partner could stretch his dollars but if he is a successful contractor he can probably find financing himself.Having a regular contractor you work with consistently and can trust is great, but in my experience so far, the idea of actually partnering with a contractor and the reality of partnering with a contractor have not matched up. 

Are others concerned that cities such as Denver, Dallas, Houston, Las Vegas, Tulsa, Seattle, will have to face their new reality of low oil prices and minimal tourism for 2020?

After he exhausts all the funds including government benefits and savings, or he finds some job in another city, the reality will kick in that he will have to sell.

Biggerpockets: Where dreams turn into reality, lol!

People were talking about rent forgiveness, moratoriums on evictions. the market may crash, yadda-yadda.I ignore it all and focus on one reality: people will always need a place to live.

In reality, a huge portion of them will not actually invest.

Yes, in reality there are interest payments and you need to pay for the reno (albeit potentially in sweat equity). 

People are having trouble coming to grips with reality. 

The preference points sound nice and ultimately may make a difference but the reality on the ground is that projects and loans are continuing to be evaluated primarily based on the strength of the project and the sponsor much as they have been in the past.