Unfortunately these cancellations will not be eligible for any payout support.Guests may need to cancel June reservations due to COVID-19If travel continues to be disrupted, the Extenuating Circumstances policy may cover 5 of your June reservations that were booked before March 15.What that would mean for youIf a guest’s travel plans are impacted by COVID-19, they will have the option to reschedule.If they need to cancel, they will receive a full refund or travel credit, and you won’t receive a payout.These reservations will not be eligible for any payment under our $250M support initiative, since the program only covers check-in dates through May 31.

As a full-service property manager of over 18 years, I know what profit margins they will get from it, and what service level owners will get so it doesn't impact my business. 

Things like this obviously impact me, but only for a second.

Thought 1- The Virus- Anyone throwing advise about how the virus is going to impact an investment sector is guessing (or even Educated Guessing at best).  

You are so right that all of them were different and they all impacted RE differently.

How has COVID impacted your properties with tenants?

Will talk to an attorney to see if we can bond it out or somehow handle so that it doesn't impact the buyers.

Term sheets are issued and the only thing that really impacts terms are values coming in significantly different from what the borrower was expecting.

On another note, the only way, I feel,would be to stop paying the note or, if the lender finds out that the deed has been transferred unauthorized, they can demand the entire outstanding balance due(Due on sale), and if that amount is not paid timely then you could have a late payment impact your credit score. 

The property in my example will allow the utilities to be transferred over to the tenants, so that's why I omitted those as expenses (a mistake I made during the rehab process, though, was not factoring them in during that period of time, so that's negatively impacted my budget and is reflected in the report as part of the estimated repairs cost).