We just received a 60-day notice that our tenant (an Airbnb host) is going to terminate her lease early.  

in my Pet Addendum: "Tenant will perform regular housekeeping duties, including sweeping and vacuuming, clean up all waste, and assume all responsibility and cost for any damages, cleaning, replacements or any other expense to the property that are a result of the animal."

Now they send me this: Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.

I never recommend people play the S-Corp game until they're doing regular deals.

AirBNB is also paying at least some of their hosts that have had cancelations due to Covid, so they need to follow up at that end on their own.

I've heard multiple reports of buyers backing out and private/hard money lenders refusing to fund deals - at least on the rehab side.I'm less in touch with the house hack / regular buyer side but anecdotally it seems like fewer people are out looking right now.So if it were me, I'd probably be a little more demanding in terms of either asking for a longer timeline, or a bigger discount for repairs.You might also consider paying someone to do an inspection without being present yourself.

@Brian Ly The events page has a lot of events previously hosted that will give you groups to join.

Due to this recent outbreak my closing rescheduled and now schedule for next week I am not working on my regular W-2 job and hoping this will resolve soon and hopefully we can go back to normal routine I am trying to figure out if I need reschedule my closing 4-8 weeks and wait until this outbreak resolves or should I do closing next weekI have already made $10 k my earnest money and would appreciate if you can give me your expertise and recommendations Thank yuh Stay safe

Investors typically pay a premium on the regular rate. 4.5% and upwards is probably where you will be.Again -- you've accounted for no real expenses in your analysis.

We are also cognizant of warranty followup, and regularly deliver on that (MN has 1 year, 2 year, 10 year statutory warranties related to certain construction elements which most GCs try to avoid mentioning).There's certainly a balance, and DIY work is the best way to shave costs.