Yes, I am in Lisbon and my perspective is optimistic.I think that 2020 will be quite solid due to all the supports and subsidies from banks and government. 2021 will give some discounts and Christmas 2021 will be the turning point for RE to grow up again

Section 8 is has the benefit of guaranteed payments by the government.

Moreover, local governments may offer new incentives to developers to keep interest alive during this pause, such as tax abatements or infrastructure investments.ConclusionWhile the BlueOval City delay has caused uncertainty, it hasn’t changed the long-term outlook for the region’s real estate.

Yes, the government pays the Section 8 rent timely, but more and more tenants are having to pay a portion of their rent.

I have found some information that might be helpful John.There are government backed programs like Fannie Mae Homestyle Renovation Loan and Freddie Mac Home Possible Renovation Loan, in addition to the FHA 203k loan. 

How to avoid BEFORE this happens: pay a day early, don't raise issues, get loans that aren't backed by US Government that the note states they don't sell the servicing.How to avoid the late payment- pay all accounts from the same bank account on the same day of the month.

Only government and insurance companies insist on not letting go of mail.It's good asset protection.

This gets you away from the HOA, into the MF sector. 

Ultimately you can only hold it down so far and the government will eventually get their money. 

Every $1 I make in cash flow, the government will take 35¢-40¢ today.