The challenge is that we don't have enough data yet to really look at the numbers and make any meaningful predictions or summations of the effect so far.There will likely be an increase in supply for the coming months in the Phoenix market, as the Covid crisis will undoubtedly push some homeowners in foreclosure, force some AirBnb investors to sell off some properties, and kick the iBuyers out of the market for now and force sellers to sell via traditional means if needed.It may be reasonable to expect a short-term recession (and I mean super short term, as everyone is hoping this will be over in 60-90 days), but it's not reasonable to expect a massive depreciation of home values or another foreclosure crisis like in 2008.Home prices in the Phoenix market have risen consistently since 2013 (like most of the country), but not outside the affordability range of average home buyer with a median home price of $265k or so.If the majority of average buyers can weather the storm with government aid and such, then we should be ok and bounce back fairly quickly once the pandemic subsides. 

With the passage of the CARES Act and the payroll protection program, the federal government is setting aside funds for the Small Business Administration for banks to loan up to 2.5 times your average payroll for the trailing 12 months.

Tens of thousands of dollars.Syndications are regulated by the SEC and you must be very careful to follow all the rules.If you have little (or no) experience, who is going to give you tens (or hundreds) of thousands of dollars?

The vast amount of laws and regulations of being a landlord.Any help/thoughts would be appreciated.Thanks!

Grew up on government cheese and government powdered milk.

I'm guessing prime rate will still be low and that the government will help these banks to defer and make the loan Modification simple and easy for most owners? 

That’s when the government backs off and let’s tenants and landlords come up with some sort of agreement on how to pay back rent.

At the end of the day the Government wants their money just as bad as we do.

Could "landlording" become a more regulated/taxed industry?

Just a funny term that means the federal government doesn’t treat the LLC as a separate entity for tax purposes.