For instance, my banker here in VA takes a global view of the conventional and commercial indicators. i.e. tax returns, DTI, DSCR of 1.2 or more, credit score, LTV, etc.

With the current global health crisis, virtual meetings work too! 

Over the ten plus years between the Global Financial Crisis and the current health crisis, Retail underwent a radical transformation driven by the growth of e-commerce and many companies failed to evolve and took on too much debt, resulting in numerous bankruptcies and thousands of store closures.

Waiting to see how our global situation progresses and if it depresses prices in this market.

Hi Kirsten,You may not be the only creditor they have on the hook for money right now.They may owe on the brewing equipment and the FF&E in the place, (as well as consumable supplies possibly billed at Net 10).Their overall chance of making it through this virus shutdown as a going concern may be something to talk to them about, because they may need more of a global solution to survive and thrive.Just my 2 cents. 

We need to tank the entire global economy and ruin everyone's lives STAT!!!"

@Jason Nguyen this is a bad idea and you’ll get crushed when something like a global pandemic hits...

They will promptly stay put because courts are closed and evictions are banned.Maybe if you give them enough cash they will even make a partial payment on the rent and really gum up the works!

When the tenant (shockingly) moved out, they left the following:- random miscolored paint on the wall- hundreds of roaches crawling everywhere- damage to all doors (appears they taped something on all doors and pulled it off removing the paint on the door)- deep scratches on the hardwood floors that will require replacement - gum and wax all over the floor and on several walls- something sticky all over the carpet when you walk anywhere the carpet sticks to your feet - also very oddly it appears the tenant changed the locks for some reason  landlord’s key doesn’t work- tenant removed all smoke detectors I could go on and on.

While it is wise to pay down debt, it is also smart to have emergency funds due to the global issues we are facing.