Most first time operators do not build new, they purchase existing facilities unless they have previous real estate development experience and understand the risks.With regard to vacant land that you control. 

We’ve got a cash cushion in the bank, cash flowing assets that will more than cover our lifestyle and the mindset to control only what it is that we can control.

@Suzanne Player how is it like a blank check?

I don't think (and my opinion should be taken with an enormous grain of salt) negative rates will happen unless this whole thing really spins out of control.

Admittedly it's kind of bogus but as an agent you can't control it unless you personally eat it.

or any other event that is outside of you and the seller's control.

If the standstill goes on for a month I fear the outcome may be worse than we'd like to see.Hopefully we get things under control and back to work quickly.

Besides tacitly giving the tenant the control by "confirming receipt" it also will require that I make a separate trip back to that property to inspect that particular unit on a date different than the others at the property I inspected on the planned day. 

Clean and disinfectBelow is a link to the CDC (Centers for Disease Control and Prevention) which describes the outlined topics in more detail.https://www.cdc.gov/coronavirus/2019-ncov/prepare/prevention.html We hope you are safe and enjoying time with your family.

Thanks for any input you can offer and stay positive, the one thing you can control is your attitude...even that is hard sometimes!