The economy goes through a recession can you handle vacancy or reduced rent for a time being.  

After all expenses: mortgage, cap x, vacancy, management fees, I will cash flow about $200.00.There is a lot of mixed messages floating around the internet so I’m torn between walking away and sitting on my capital, or just moving forward and going with the flow.

Can you afford to cover in the case of multiple vacancies or multiple non paying tenants?

Love how you got enough  put to side for  Vacancy (%10) CapEx (%10)  repairs & etc . 

I have one vacancy that I luckily got an application on last week before things started getting really crazy.

Landlords save a certain % for vacancy and cap ex.. you may need to dip into your cap ex funds along with your vacancy funds to carry you a few months.. so it should be no issue. 

Personally, our market hasn't slowed down and we're renting things this week, but that could change any moment and I'm warning Landlords to be prepared for more vacancies, longer vacancies, and lower rent rates.

If RE is effected with increased vacancy, the professionals that work in it lose their jobs. 

So anything extra you would make after deducting marketing costs or vacancy (if any costs or vacancy) is owed back to the tenant.

In an effort to provide some information for long term buy and hold investors to be more prepared, please see below:Happening Nationally:Tenants have refused to leave at the end of their lease siting uncertainty and high risk of virus.Tenants (apparently even with strong renter history) are stating the virus has impacted their income and are not able to pay rent, are asking for lenience.Vendors are less responsive to non-emergent maintenance due to fear of employees becoming sick.Property Managers have chosen to be less responsive to non-urgent maintenance requests from tenants to keep their team safe, similar to vendors.Showings have decreased or have been cancelled due to the fear of being in public buildings or other people’s homes, which might impact vacancy if this is longer term.Occupied unit showings have ceased for the protection of the tenant in place, the showing agent, and the prospective tenant.Some management offices are closing and requesting rent be paid in a different manner than visiting the office.Occupied unit inspections have been paused, unless deemed emergent.Be Prepared:Think through how you will handle some of these situations in advance and write our a process for it.Handle them consistently and do not favor one tenant over another.Be proactive and prepared so you can act unemotionally and with fairness for all.Be a Leader:Now is the time to show your team (vendors and tenants) that you value their health as much as you do your own.