Forced air and wood burning stove.

What course of action would seasoned investors take in this scenario?

Hello Clay, if you want to get a loan on the secondary market there is a 6 month seasoning period unless you do a delayed financing exception which I will not get into here.

After reading over the horror story of the evicting a tenant from a STR, what are some of the legal and logistical gotchas those of you who have been at this for a while have seen in your neck of the woods by extending stays beyond 30 days in your state/region (ie: above CA laws defaulting stays over X days to traditional housing court)? 

Our tourist season is short and heavily dependent on Yellowstone National Park.

If the summer rental season is lost or severely impacted, there will be many owners with equity needing to raise money and not many qualified buyers.

I have purchased a property with a house on it that won't be able to be rehab'd because of the extensive termite damage and wood rot. 

I had an 80% LTV 30-year fixed loan locked in prior to all of the coronavirus craziness when the portfolio lender involved stopped funding at the 3 month seasoning mark.

Also, I would buy now because if everyone (ibuyers, REITs, New and seasoned investors, etc.) is waiting for a few months to buy, then you will have much greater competition then.  

Lightweight beams were used and they are bending under continued loads; the pressure is also bending the wood cross bracing at the top of the front beams.