If you go through with that, you will be extremely hampered in any future endeavors.

That's extremely generic.

Documentation for non-rent payments and making sure to have information that the COVID-19 pandemic has directly caused tenants ability to pay will be hard, but extremely important.

@Steve S.I am extremely grateful that I have great tenants, and that they are so far unaffected by this pandemic and still able and willing to pay rent!

I get it - government offices are closed and that causes delays (despite some government employees working from home - my dad's dealing with that nonsense now - people giving us damn fax numbers instead of phone numbers - ugh) though throwing a quarter-of-a-year extension out there is too extreme. 

This is extreme but what happens if a tenant dies in a fire on one of your properties or something along those lines?

Depending on their personality, they can react from one extreme to the other. 

@Dan Stephens and @Uwe G.I went through an exhaustive search around a year and a half ago looking for a management company.

Besides being scrupulously honest, he is also extremely capable, knowledgable, and patient.

I've been dealing with our lenders, both large and small, and all have been extremely accommodating.