Not only did my family’s company, REI Nation (formerly Memphis Invest) come through the crash, but so did I personally.

A class "c" will probably have the bumpiest ride due to lower income folks being hit hardest by this.Last recession vacancy went up to 10% but rents flatlined and did not go down nationally.

LLC can be taxed as a corporation if you have filed Form 8832 for the LLC, if that is the case, the LLC will be paying the taxes due and probably at a lower rate (but watch out for double taxation once at the LLC level and another at the personal level), that's my understanding, again best to speak to a good tax accountant or tax lawyer before making a decision.

I hear a lot of talk about risky corporate debt...we'll see.Some banks will do better than others.

Case Shiller had it as #2 buy and hold in the nation for this century only behind San Fran. 

@Jake Waslaski you will see most large scale operators use LLCs versus corporations. 

It’s happening everywhere across the nation.  

If you'd like to compare US to other nations, look to South Korea. 

The April 15th due date for filing and paying taxes has been automatically extended 90 days.Individuals can defer up to $1 million of tax liability and corporations get an extension on up to $10 million.

We said we will not evict during this time, but that is a good suggestion you offer...verify they are out of work and set up a payment plan once they go back to work or whenever a National emergency is no longer declared.