Have a read on this article here and give me your thoughts, I myself am going to have to re-read it again to fully understand what it entails and how it fully impacts us, were it to get pushed through.https://www.fool.com/millionac...Excerpt of the article:Talk over the second round of stimulus is underway with three proposed policies on the table at the present time, one of which would have a big impact on homeowners, tenants, landlords, and real estate investors everywhere: The Rent and Mortgage Cancellation Act of 2020.This bill, sponsored by Representative Ilhan Omar, D-M.N., would eliminate rental and mortgage payments on any primary residence for the duration of the national emergency, allowing landlords and lenders to recoup losses by applying to a relief fund, but there are stipulations.Let's look at what the act proposes and how it would work and see how it would affect real estate investors.

You can purchase an umbrella insurance policy of $1 - $2 million for under $500 a year that would protect all of your properties against the largest claims.Each LLC costs money to set up and maintain.

I am worried about tenant safety (especially with cars on the street, row homes with windows and front doors on the street, which are both very common here).

They did not have the means to pay contractors to make repairs to the house, so it had been slowly deteriorating and was to the point where it was now a safety hazard for them.

Ive known some title attorneys here locally who will not issue a title insurance policy if there is an unreleased deposit, and I know others who do.

From the article:"In addition to the requirement that rentals be spaced out by a minimum of 24 hours, Lehane said hosts will have the option of an online feature that automatically prevents bookings less than 72 hours apart for an extra measure of safety.

“Rent strikes are usually used for two things: to get landlords to lower the rent or to get landlords to improve conditions,” said Peter Dreier, professor of politics and public policy at Occidental College.

It is a little daunting trying to capture the entire picture but I believe that to be prepared with such a reserve is a good safety net, especially as a first house.

“We’re either borrowing more or defaulting.”Airbnb let hosts set their own refund policies over canceled stays.

If you will have them stay I would add a security deposit and explain that is policy for you.