Make sure you understand that they of course do not have to sign this lease and can very well pick up and move out.As others have mentioned, these are unprecedented times, so be very careful about upsetting them too much to the point that they decide to stop paying rent but continue to live there. 

During these current and unprecedented economic conditions, nearly all businesses have suffered some sort of financial strain, however, I'm here to tell you that it doesn't have to be that way.We've all heard the mantra before: "keep 3-6 months in reserves". 

A few weeks ago my partner put some thoughts down on it's implications for real estate investors like ourselves across these categories:RetailHotel & HospitalityMultifamilyOfficeWarehouseI wanted to share it with the Bigger Pockets community:By now every American is aware of the unprecedented public health emergency and economic disruption caused by COVID-19.

Dont live in fear, this is a unprecedented virus but we will get back.

My concern is that the can has been kicked as far as it can down that road.The last two times in recent memory that the fed didn’t backstop the market-Q4 2018 (when they stopped “easing” and started “tightening”) and Q2 2020 (Covid) the market dropped.Not a surprise on the drop from an unprecedented pandemic, but the recovery is fueled by the fed, not by the market, so I feel it’s already inflated.

Katelyn, hope you and your family are well in these unprecedented times.

With this being an unprecedented event, everyone's opinion is an educated guess at best.  

I would see this as a tremendous opportunity for liquid investors to purchase properties in the next 2-4 months from landlords who don't want to weather the current vacancies.Fundamentally, we're seeing a big shift from a seller's market to a buyer's market in Boston rentals which as far as I know is unprecedented.

We also run the risk of not getting tenants for a while.Anyone going through something similar in these unprecedented times, or have any suggestions?

Today the Fed’s balance sheet is currently over $6 trillion, with projections of $7 trillion by June and $10 trillion by the end of 2020.This unprecedented increase in the money supply will have a dramatic effect on asset values, inflating them well beyond their previous highs by putting more money in the pockets of investors who compete for a finite supply of assets, driving prices up because of the increased demand.