Amazon delivery, truck drivers, Uber Drivers, Certified Nurse Assistants, School Teachers, City Workers.It looks like the government is cutting checks to our tenants.

@LaVonne Eaton, as @Chris K. will probably need to look at PPM to see where the controlling entity is actually based, versus the property, since the security is governed by that jurisdiction.  

I saw a few people run afoul of SEC and other regulations last time around.I think it's going to be a tremendous time to get into the buy and hold side of the business.

Many governments are rolling out help for those who lost their jobs in addition to an unemployment benefits (don't know if you get that in the States). 

The govt requires All landlord’s to allow tenants extensions in making rent payments - However if they have a loan with a non regulated lenders — the lenders don’t have to oblige.

To be honest CA has allways been a bit iof a rebel state in not following the federal government. 

Also agree with the regulations keeping people in line.

The government just approved a 2 TRILLION dollar stimulus plan so I'm not concerned about the tenants paying rent. 

For some reason I don't always believe the government. 

Some main differences from 2008 and now is that the banks and government have a better playbook towork from to keep people in their homes, most of the loans involved borrowers that could actually afford their loans, and the big buyers of distressed debt from the last cycle are getting ready to handle whatever scenario we end up with.Just my opinion :)