Eviction moratorium affecting multi family home

[Shopitha Kumar]

I am a first time home buyer and I am looking at 4 plex in Bay Area that are between $1.5 to $1.6M . I am planning to live in one and rent the rest . I am worried about the eviction and rent moratorium in place in California. Let's say 2 of the 4 house has month to month lease and the tenant work is affected covid-19 . How would eviction moratorium affect me ? Would this still be a good buy considering the lower APR (2.25%) and if I can manage for 6 months?

[Todd Dexheimer]

Most tenants will pay their rent and if they are paying now, there is no reason to believe they won't pay into the future. I don't know when the moratoriums will be lifted, so you are certainly taking a risk, but less than 5% of tenants will skip out on paying rent. If you are in a good area, with a tenant base not greatly affected by COVID, I would say it's pretty safe that you'll be paid.