We, like so many others, will be dealing with a reduced income for the duration of this crisis.

@John Warren when you say flat rate, does this mean the attorney is on retainer for the duration of how long I own the pro property, or is the flat rate only cover the time I am actually in the process of purchasing the property?

Your post and another one are waking me up that now is great time to invest while I'm here, although I'm partially hesitant because it wouldn't be a house hack/primary residence so I wouldn't be able to finance it with the VA- I'm being put up in an apartment here for the duration of my time here.When I go on morning runs I'm on the lookout for rundown homes in nice neighborhoods! 

The foreclosure crises is being avoided by residential lenders allow people to forego payments up to 12 months (the lockdown from virus will be well shorter then that 12 month duration).

NAR also signed a coalition letter(link is external) that would encourage Congress to provide readily accessible, unsecured credit to employers and self-employed individuals of all sizes to ensure they have the cash to pay their workers, rent, and other costs during this crisis:Suspend the filing of business returns and the payment of all business taxes to the federal government for the duration of the pandemic; and amend the Tax Code to, among other items, restore the ability of businesses to carryback any net operating losses against previous year tax payments;Suspend the application of the Section 163(j) limitation on interest expense deductions for tax year 2020 to avoid penalizing businesses for borrowing during this crisis; andSuspend the Section 461(l) loss limitation on pass-through businesses to allow businesses to full deduct any losses they incur this year.Essential Real Estate ServicesNAR is working with state associations, many of whom are reaching out to their Governors to request that certain real estate services be deemed “essential services” during emergency declarations.

Then you would normally collect an interest only payment for the duration of the term (1-3 years usually).

Regardless of our intent Governor Hogan has declared a moratorium on evictions for the duration of the state of emergency.

The eviction suspensions remain in place for the entire duration of time that a landlord remains in forbearance.As you put it, it seems to be the most logical option.  

He was given ONE disposable N95 respirator in a plastic box with holes in it and told to make it last for the duration.

I have written to all of my Senators and Congressional Representatives requesting that they require all commercial lenders with government-backed commercial loans (Fannie Mae, Freddie Mac and HUD) to defer commercial mortgage payments for the same duration as tenant evictions are stayed, with all deferred mortgage payments to be automatically added to the loan term - no modification. extension or balloon payment needed.