The notice also gives taxpayers until July 15 to perform the time-sensitive actions listed in reg. section 301.7508A-1(c)(1)(iv)-(vi) or Rev.

Yes, it will cost you a brokers fee, but it saves A LOT of time and headache, trying to reach hordes of lenders that aren’t being responsive while you have a time sensitive deal on the line.The mortgage broker would have insight on which lenders are still operating during this time, might be new provisions to qualify for a loan, but there are definitely lenders still in operation.What kind of loan are you looking into?

I am not looking for advice about having more reserves, or making better investments, just looking for great ideas on how to go about this rather delicate yet sensitive process of negotiating rent payments, while people are not getting paid. 

Usuallly the luxury market is the most sensitive to these changes, as their decisions are less driven by necessity than the family with 4 kids and number 5 on the way, who just needs a bigger place now.

I would consider doing some sensitivity analysis with the capex and vacancy.

Thanks, Russell, I just wanted to be restrained on my response. 

Non-renewing does not involve the courts, so I don't know how it could be banned.On the other hand, you may want to be sensitive to the plight of residents these days and be prepared for a negative backlash if you are trying to remove a resident who has lost their job. 

Additional tax relief has just been released.The Treasury Secretary and the Internal Revenue Service have used their authority to extend additional tax relief for filing and paying taxes for time sensitive acts occurring between April 1, 2020 and July 15, 2020.

Obviously we want to be sensitive to the situation but we also cannot have a room sit vacant forever. 

Evictions for non-payment might be halted but restraining orders (which would also force them to move out when issued for violence) and arrests are problem solvers too.