Dont live in fear, this is a unprecedented virus but we will get back.

Withthe Corona Virus becoming a household name quicker than Usain Bolt running the100M it has people quarantined all over world asking questions.

Alas, our timing was poor given the virus and how it has affected tourism, however we've been blessed to find professionals to lease units on 2-3 month basis.

But, I’ll have to deal with interest and if this virus causes a recession, and they pull lines of credit, I have no funds.

Stay Alfred announced that they were going to "put a hold on all rentals for 8 weeks, to pass the virus and open back up".

Yes, the virus has gotten rates and terms out of whack, but they are still available. 60% cash out.

No one knows what the effects of Corona Virus is but I believe one of 2 things as related to RE: 1) It does not affect RE prices significantly 2) The virus results in a significant depreciation of RE assets. 

Everything was fine until the Corona Virus crisis hit us all , the tenants from the bigger unit payed April’s rent on time and said that they are economically stable .

Its not like this virus is slowing down drastically either and i believe that is what will decide our wallets fate.

I'm trying to be thoughtful about it and the affects the virus has had on families, but knowing our first mortgage payments will be due the 1st of May.