Meaning that by the time they arrive, your ability to make adjustments are gone.  

It mazes me how quick we can me to adjust our businesses to fit the current need of the market. 

:)Even after 17 years of doing it, I'm constantly refining and adjusting and learning.

I can also get great data on needed adjustments in pricing, decor, and amenities for slower markets by automatically surveying every person that comes to a showing.

My borrowers in the area are adjusting to BRRRR or converting flips to rentals.

Map out the route you want to go based on your current real estate knowledge, then constantly be adjusting the direction you're headed as you learn more and more.You hit the nail on the head, this industry has several different avenues to take; beware of shinny object syndrome, because just as you start gaining momentum in one direction, you'll be pulled in another. 

It has adjusted some of my underwriting factors to be more conservative over the next 1-2 years.

Capital gains, schedule c business income, schedule e rental income etc. look at your return for Adjusted Gross Income.

The only "unknown' when getting a property rehabbed,  is the final cost and time to get it fixed by the contractor.Indianapolis like most other markets will get affected by whats happening with this Virus and I think is important to adjust ARV so when comes time to refinance you can successfully take all your initial cash out the property. 

@John Teachout That's a good idea, I might try that for 3-4 weeks & adjust from there.