@Jay Samudio great advice from @Melanie P.Also, in our 24 years of experience, a tenant that has to get emergency relief typically ends up behind on rent again very soon.Be sure the tenant cooperates with providing documentation explaining why they fell behind and that the problem is highly unlikely to repeat.If they won't cooperate and state, "none of your business', then what does that tell you?

. - Reaching out to our lender to see about relief programs or deferments and such.

We should see rate cuts in 2025, so there should be relief on the way.

Colorado vacation rental owners can breathe a sigh of relief. 

The times we have had clients utilize TAS over the last few years was primarily COVID relief related, where involving TAS helped get an issue resolved very quickly.

(Oh, and I was using "thank god" as an expression to convey relief that this investment is done and in the books.)

However, nobody can predict the future if this will continue - hopefully we get some relief soon! 

Advised them I would be happy to meet them in court to discuss this, but my atty charges $xxx per hour, and if they failed to prevail in court, I would counter sue for relief, for both my lost time and his fees.  

All a timing benefit, but does provide some short term relief to free up capital to continue to invest. 

For the combination of how easy it is to relief, the sheer size of it especially when considering the systemic fallout it would hold in regional banking, and who it most hit's ie elite class; for this "holy trinity" I am 97% certain it will NOT happen.