Dallas county suspending evictions 60 days for COVID19

[Jessica Hughes]

I am a newer landlord (2 properties in Dallas County) and so far everything has gone well with my tenants. 

I am concerned with the county wide shut down order for COVID19 and the announcement that evictions are suspended for 60 days will affect my ability to collect rent. 

I have one tenant who is probably directly affected. He is a maintenance guy for a chain of gyms, and all gyms have been ordered shut down.

The other property has rent paid until the 14th of April from a tenant who had to break the lease early, with a new tenant moving in the 15th. Less worried about that one unless they decide not to move in. 

Should I have a preemptive conversation with this first tenant about his work prospects and how even of he doesnt pay rent hes still going to owe it after this crisis or whatever it is passes? 

Maybe find a way to explain how if the rent isnt paid the mortgage isnt paid and I cant promise the property wont be sold with him in it if it turns into a loser? 

That would be a completely empty threat, I do have 360k in cash reserves to carry me through if necessary. And maybe the federal government will come up with a rent relief program of some sort, I have no idea what's going to happen. 

Maybe offer to reduce rent to right about the cost of the mortgage for the duration of the crisis? Waive late fees temporarily?

Pretend nothing is happening and see what he does on the 1st and then figure out what to tell him?  

This is new territory for everybody I'm sure, so some advice from more experienced people about how they would approach the situation would be greatly appreciated.

I feel like people with lower end apartment complexes are going to have a terrible time soon once word gets around about the no eviction policy....