Here is the language that I was given by my agent to use in the contract:Notwithstanding any other provisions of this Agreement, the parties agree and acknowledge that in the event either the Buyer, Buyer’s lender, Seller, any of their respective service providers, government agency or any other agency becomes the subject of a voluntary or mandatory COVID-19 virus quarantine or closure prior to or at the time of Closing, or if Buyer or Seller is the party to another transaction that is delayed as a result of a voluntary or mandatory COVID-19 virus quarantine, that results in the parties inability to perform on the Closing Date, the closing may be automatically extended by either party for a period of up to ten (10) business days after such quarantine or closure order is lifted, up to a maximum delay of thirty (30) days unless the parties otherwise mutually agree to extend the performance date further.

you're asking for the delayed finance exception. you have to wait 6 months to get a refi based on full LTV without the purchase price cap.

That and hire a property manager to minimize my mistakes.

I suspect this will hurt people more who had ongoing eviction issues as those will be badly delayed. 

You can actually start the refi/delayed financing process as soon as you are under contract. 

The seller is now saying that they've completed tank removal and are now awaiting the letter from the state and that the letter can be delayed. 

In an effort to encourage tenants who are minimally affected to pay rent on time, if April rent is paid on or before April 5, 2020, the tenant will receive a $75 credit towards their April rent.

My closing on a flip house is being delayed due to "corona virus".

You have two choices to make - 1) continue to allow this one contractor to delay everything or 2) Move on and count your losses.

However, Person B agrees to manage the property until ~year 3, when person A + B jointly refinance.Additionally person A + B will enter into an operating agreement which binds both parties to these conditions and offers 50/50 equity in property.How do we structure this legally while minimizing the liability, in absence of a LLC.Side question:Are there different lending rates between a LLC and an individual?