@Yuriy Skripnichenko I agree, perhaps my point was mistook -- I think we can work with tenants in these very unfortunate and unprecedented times.

Don't expect Investment loans to be on the low end of mortgage prices even if its a portfolio funded loan, the risk is different than an FHA/VA/USDA/CONVENTIONAL LOANS.With U.S. interest rates at historic lows (FHA/VA/USDA/CONVENTIONAL LOANS), unprecedented Government stimulus, and the re-entry of the Fed into the agency and Government lending markets, there is now not enough capacity in the agency markets to serve a hurting America.

Indeed the situation is unprecedented and changing daily. 

So I wouldn't necessarily expect labor costs to go down in the Summer because contractors could be busier than ever (if things get back to normal).However, if this thing continues to escalate, a lot of people could be looking for work which you might see some benefit of that...but I wouldn't count on it...Hard to say, unprecedented times!

This will reduce their sense of panic.Between these two options you may have 2 months of cash flow which hopefully will get us to a new normal and you take stock then.Push someone’s “fight or flight” instinct right now and the “flight” is likely to be 3-4 months of no pay.Remind them that a lot of people will be asking for relief and you would like to do your part in this unprecedented event.

Such eventsare often addressed by a “Force Majeure Clause” allowing a party to suspend or terminate performance when circumstanceswhich the parties could not have anticipated, or which are beyond their control make performance of the contract impossibleor impracticable.The current world-wide Coronavirus (COVID-19) pandemic has had unprecedented impacts on real estate transactions,including, but not limited to, travel restrictions, self-imposed and governmentally required isolations, and closures of bothgovernmental and private offices required to fund, close and record real estate transactions.Accordingly, in the event complying with the Close Of Escrow is not possible or practical as a result of unforeseen circumstancesrelated to the COVID-19, such as Buyer’s or Seller’s inability to travel to sign documents, closings of or delays in relatedgovernment and business services, including for example delays by or closing of lenders, title/escrow, county assessor/recorder, or otherwise (hereinafter “Unforeseen Circumstances”) the Parties Agree as follows.

I've been looking to apply all week but keep getting the message:"At this time only agricultural business applications will be accepted due to limitations in funding availability and the unprecedented submission of applications already received"Is there anyway to still submit an application at this time or must I wait?

While this is an unprecedented event in modern history, what lessons do we have from 2008 and previous recessions/depressions that are relevant in the next year or so?

This will be an unprecedented undertaking.I think you are 100% correct that the SBA will be very aggressive in making these loans.I’d be very interested to hear how this all pans out for you.

this is just like everything else totally unprecedented .. its like a nuclear war has started or a Meteor hit the mid west and threw us into perpetual winter.