Besides being an Electrical Engineer, I also work at a Mortgage broker part time so financing my houses does not need to be worried about too much unless you know it is something dire.

I just listened to BP Podcast 39 "Dire Cheap Land Flipping and Reaching Motivated Sellers with Seth Williams".

Coronavirus Impact Update 4-8-2020While I read dire predictions, the property profile we target for investors is doing OK.

Fortunately, my tenants all reported that so far everything was good but I had a couple options prepared were that not the case: waiving the late fee for 30 days, charging 50% of next months rent and allowing them to do a payment plan to pay the remainder, or doing a payment plan for all of April’s rent depending on how dire the situation was.

And the others see long term dire straights. 

I don't see this situation as being as dire as many.

Worst Case could be much more dire, many deaths, greater economic impact, etc. 

But to think your in dire straights when your portfolio is paid for.. not sure about that.

The goal of our message was not to offer free rent, but rather to let them know that if things are dire, here's an opportunity to let us know rather than waiting until the first of the month. 

And remember, many of these provisions also apply to business that are service businesses (i.e. attorneys, medical professionals, architects, etc.)Below is a summary of some of the business related provisions, as well as some of my other observations that can help you get through this dire time, and keep your business afloat.$300B Emergency Coronavirus ReliefPart of CARES Act.