Pretty ridiculous that the government considers my time free.

I recently talked to my finance guy and he said that government backed loans may be getting a little more stricter and it may be harder to get a loan in general.

Depends on the State Regulations. 6.Seller SecondsThis is a mortgage issued by the seller to the buyer that is placed in a subordinate or second position to an existing first mortgage from a conventional lender; seller second can be a great incentive to buyers; can help them purchase by putting down less cash-leveraging their assets; second mortgages typically carry a higher interest rate than first mortgages, an advantage for the seller over other investment options; a seller second can open new opportunities for buyers in markets where conventional lenders are tightening their loan to value guidelines and buyers need a way to close the resulting financing gap; lenders who want to limit their exposure may agree to a "Combined Loan to Value" guideline that supports a seller second; seller seconds may help buyers reduce their conventional loan needs below the PMI (private mortgage insurance) level, saving significant dollars per month; seller seconds can also help in larger purchases, reducing the amount buyers would need to borrow conventionally, bringing their remaining loan requirement within reduced rate "jumbo" loan territory; some conventional loans prohibit secondary financing; second loans not disclosed to conventional lenders are illegal.sellers granting a second loan must file a lien on the property. 7.Lease with Option and Lease PurchaseA lease with option to purchase is an agreement that the leasing party can buy (or not buy) the property at lease end for an agreed price; a lease purchase agreement, the leasing party commits to purchasing the property immediately at lease end; the owner agrees to apply a portion of the monthly rent payment toward either the buyer's down payment or closing costs at time of purchase.

A long as our local government thinks the crisis goes on for, tenants don't have to pay rent.

Or will the government provide enough assistance to banks allowing them to work with borrowers during this time?

Natalie in your opinion do you think the time limits on 1031 exchanges might possibly be modified/extended by the government, given the difficulty of doing business while Covid 19 is still a concern?  

I also have a government W2 job.

Call whoever regulates your local landlords.

It is indebting the federal government. many businesses may not come back from this.

In most places it's actually both against state regulations and local broker's code of ethics to do so.