Commercial tenants not paying, how should I structure?

[William Thresh]

I have a good number of commercial properties and fortunately a lot of my tenants are essential. I just sent out my May statements and a few tenants responded that they are non essential so they will not be able to pay. Nothing that will hurt my business but still a good amount of money. I have waived late fees until this is over, but don't you think it is a bit premature to tell me your not paying me for May? I am about to send out a letter to tenants to make sure they understand they still owe rent for these months. Rent is "Deferred" not cancelled. How are you structuring deferred rent? Will they just be required to catch up once the pandemic is over? or are you making more set in stone payment plans.