Absorb it all, but don’t drink the cool-aid.

. $60k has already been collected and the other $15k will be collected in another week at most.That being said, a few of my Tenants are in the Gig Economy.One in particular is Canadian and in the Gig Economy.Those who I know lost their jobs, especially where they won't even get a Stimulus check or unemployment, I'm giving them a small rebate on their rent.That will amount to about $2k.So, to put it in percentage, I am sure to collect $73k/$75k = 97.3%HOWEVER, I'm renewing leases without any rental increases this year.So there will be a downside to this as I will absorb the increase in expenses like Property Tax, etc.Over all, this has ZERO effects on my lifestyle.

I know very little about FH laws and what little I do know was absorbed here.

Unless you're talking about wealthy people who happen to be renters, renters are people who are very conscious of the costs of moving and they don't take those costs lightly, if they can absorb them at all. 

You can toy with the lease length too.In some of my properties we're going forward with soft increases because our tenant base has shown an ability to absorb it.

This takes a LOT of my time.If I went to get a judgement against this tenant for the balance of the lease (if I could even find them to serve court papers), the judge would tell me to go pound sand, absorb it as a business expense, go re-rent the apartment, move on with my life and quit bothering him with this "nonsense."

Yes, in order to make money you have to absorb risk, and that is the spread between taking on leverage and owning it free & clear.

If strategically that gives me an advantage then I am all ears; I am trying to absorb knowledge and not stick to potentially preconceived notions that aren't beneficial to my "business plan". 3: Financing is good for me, but I've never shied away from discussing deals that make sense.

Also, since a developer out there just turned an enormous amount of previously spongy, wooded land, with lots of tall absorbent grasses into a big fancy neighborhood, I suspect the flood danger has increased for the whole area and it will likely flood worse than before.

If you absorb and keep all the stress and anxiety and anger and hurt feelings that can get thrown off, it will turn you into coal.