Anyone concerned about a pandemic sequel?

[Alex Silang]

So I really like STRs and thinking about how much to put into it. 

Hopefully nothing like COVID happens again but it could. Regular properties are probably in a better position because people always need a place to stay, and if I'm not mistaken back during COVID if you had a tenant who couldn't work you could call your bank and pause the mortgage. 

Like it'd be awful to build up a nice base of STRs and then something like that happens and everything is empty. 

[Chris Seveney]

Quote from @Alex Silang:

So I really like STRs and thinking about how much to put into it. 

Hopefully nothing like COVID happens again but it could. Regular properties are probably in a better position because people always need a place to stay, and if I'm not mistaken back during COVID if you had a tenant who couldn't work you could call your bank and pause the mortgage. 

Like it'd be awful to build up a nice base of STRs and then something like that happens and everything is empty. 

Unless you are in a vacation area, I would never buy a STR that does not work as a LTR.

Regarding another pandemic, we have one like every 100 years, so I am playing the odds that we are not going to have another covid lockdown situation anytime soon. Just my 2 cent opinion. I also do not think the people will allow themselves to be locked down again based on the post covid review which this is not political.