But that law has nothing to do with the States and Cities who are trying to stay solvent!

They hadn't mentioned anything about financing when we spoke, I was just want to keep them good and solvent so they can buy lots of deals :)

Since he's solvent he should honor his mortgage contract and kick himself for thinking he knew about real estate investing.

2- Beyond filing the LLC papers and paying the fees, what have you done to keep the LLC solvent?

It is a lot of money to invest in a two unit that does not cover the costs so my question is are you financially solvent enough to hold on long term for the appreciation to be of value.

I'm not sure how they determine if the stamps have been used or not but even if they have been "cancelled" but they had their gum removed from say removing them from an unused self-addressed envelope by hot water or one of various solvents, then taped, with the original envelope paper still intact on the back or glued, they might deem it re-used and send you to federal prison.

I ask this as if they are solvent t hey may have tax liabilities associated with the potential settlement of the debt.

But purchasing the best home on the market and being financially solvent is mutually exclusive.

I explained to him that we had no idea if this tenants estate was solvent and we wanted to the right thing with the tenants belongings, but couldn't keep the unit empty much longer. 

Some will struggle to remain solvent during this period, and smaller operators may be subject to capital calls if the lockdown period extends into the summer as valuations decline.