Reduced Rents for COVID-19?

[Anthony Pisciotta]

I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this is to retain my current tenants after this passes. I have a great tenant base at the moment who pay on time and automatically like clock work. I was considering on waiving all late fees and reducing my rents across the board by 20%. What do you guys thinks? I'd like a different perspective.