As for the impending vacancies/late rents - we invest in C class multifamily which is supported to some degree by section 8 payments, in the near term these guaranteed payments will be helpful.

I'd rather take a little less on a renewal than a vacancy during a time when nobody is moving.

Facts below:-3.5 month close to season downpayment fund source i will be using-$500 earnest money deposit-Current Valuation: $180,000-Sale Price: $170,000-Tentants in place, rented at $1290/mo-historical 1% vacancy

Analyze what the rents and vacancy in your area are.

However, to facilitate this closing, we borrowed money from our reserve funds (capex, maintenance, vacancy, etc) and essentially those are zeroed out right now.

And they added an additional laundry set-up upstairs.The numbersThey used a 3.5% down, FHA loan.Purchase price: $480,000All-in monthly: ~$3,200-- That's PITI (mortgage payment) of $2,630 plus 5% for vacancy, 5% for repairs, 5% for CapXRents: $3,975 -- They have four bedrooms rented already at an average of $795.

Having sensitivity analyses for vacancy, rents, cap rates can all help people see that this is still a safe investment today.  

I have a vacancy in Portland I am leaving alone during this time of uncertainty.

All you can do is plan based on the data you have regarding rents and vacancy rates for your area. 

Another thing to keep in mind in this environment is that you might also want to factor in higher numbers for vacancy, because depending on your tenant market it might be longer before you find someone to move in!