I'm also an accountant working with a lot of small businesses in Cleveland and Lakewood, and I'm definitely seeing an impact from it, but surprisingly few of my clients seem to be in real distress.

I am interested in hearing opinions from current investors in the SE (Atlanta, Tampa, Orlando, Charlotte, Columbia) and TX - what are your thoughts on the impacts to your various markets?

For example, our hotel in Catalina Island, CA is hitting 95%+ occ every week, whereas the one in Monterrey is down in the 60%'s (20% points worse than same time last year).I think it has to do with how impacted that market is due to air travel restrictions. 

Or does that not really have any impact? 

We may not be mentoring others or raising children, but our daily actions are watched by others and makes an impact, for better or for worse.

I was looking at something similar in a social impact start up competition.

Especially if you’re projecting a 3% rent increase that is compounded from Year 1, that will have a very big impact on your exit NOI, thus also exit Sales Price and IRR calculation.

Inventory in the MSA dropped to 1.4 months, which is now slightly lower than Austin’s 1.5 months of inventory.Though it may be surprising or counterintuitive to many, the pandemic has thus far had no marked or lasting impact on the fundamental dynamic of the Austin area market.

Maybe that's why it's even worse that the council did this...I know we've heard from many of our owners and none of them raising rents right now so rather than tackling the true issues impacting the city, they're pandering to a base and trying to create a problem they can solve (demonize one group and set them against another...sounds like a familiar playbook).  

So with that our #1 remedy action has been to present tenant with a cash-4-keys option with the "information" (NOT threat) that "if" we can not reach a mutual agreement in cash-4-keys the landlord will be left with no other option than exercising last remaining remedy of civil suite for owed monies, legal costs and damages from breach of contract, receive and file judgement, and then all the following from that such as: judgement affect on credit report, wage garnishment, inability to receive loans or other housing due to impacts of judgement on record.