I think that is an important distinction.

I have dedicated my entire career to real estate in one form or function.. but having said that and having lived through 4 distinct now 5  distinct economic cycles or upsets.. you understand they are all different and you don't want to step over dollars to pick up pennies.. and alienating good tenants to me would be foolish just because you might have to forgo a couple grand and get it paid over time as things recover.. and if you cant afford 2 months payments on your rentals.. then that's your fault for being undercapitalized or taking on too much debt.. stuff happens.. we can all say well the tenant should be prepared.. but in reality its not the tenants investment its the investors they are the ones that need to be prepared.  

It took a very long time but we were finally able to sell that property for a nice profit in 2017.One important distinction is that the cause of the last recession was the real estate market bubble bursting which caused prices to tumble.

There is a distinct possibility that people will miss paychecks and others may lose their jobs.

I wanted to try to offer perhaps some things to reflect on that might help a little bit...It sounds like you have two pretty distinct challenges in this situation;1.

Here in lies the distinction in my mind between a mentor and a coach. 

Peter, thanks for the distinction between title commitment vs. title search.Do you have any idea on the average cost of a title commitment (which I imagine include a title search).Thanks.

Hey @Brian Alvarado,Not sure about the 2-unit distinction.

Conveniently, the court addressed both Sec. 163 and Sec. 212, so we don't have to debate the distinction and which one applies to a rental property during its initial rehab.

I had the 2 markets in mind for distinct goals as they are very different markets.