We got lucky with this, as during the coronavirus some landlords are restricted to what they can and cannot do with the utilities. ...Pausing the lessons we learned here, time to get more caught up on the story.

Hard Money Lenders are difficult to get a hold of right now bc many have paused their operations and are only maintaining their current book of business.

I had started this process back in March, but put it on pause.

What actions can I take since there is a "pause" on evictions?

Do they totally get out of the Real Estate business or do they just pause their number of transactions to wait out the market?

But it seems that COVID just put a pause on the market for two months and now the market is bouncing back to normal pretty quickly.

There is no real bottom...just interruptions, pauses, and hiccups.

Most apartment communities across the country have implemented the following (will vary by location):Paused repositioning and rent increasesHalted rent raises on renewalsWaived application and admin fees for prospective residentsOffered payment plans for COVID-impacted residentsIncreased reservesFocused on occupancy (vs pushing rents)If economic occupancy declines, the buttocks-clenching will increase.

This presents a unique opportunity with many investors opting to press the pause button for a minute, opening the door for other investors who are still looking for deals. 

I pause to talk about that at lease signing with all of my tenants because I don’t want to be shady and I want them to fully understand there aren’t exceptions.