How do you Deal - All tenants Rent Default - COVID Situation

[Pratap Koppula]

The property is for sale and in the rent roll forward, all tenants rent is past due. How do you deal this, practically replacing all the tenants does not appear viable solution down the line with COVID eviction restrictions?

Putting down payment plus additional working capital until we see the sunshine, hopefully next summer is few months away.

How Banks would react to lend on a typical situation like this.

Please guide and share your thoughts if the cheap is a better case here.