One seems unaffected, one has been sent home from an hourly corporate retail job, and one is a fully out of work independent contractor (this tenant is hit the hardest it seems). 

I was a bit young back then, but I do remember hearing talk of this credit, as well as other government stimulus plans such as "cash for clunkers" and the corporate bailouts. 

A couple of weeks ago when the virus was first making national headlines, it didn't seem to have much of an impact at all.

@Nicole PinedoTo start, I think it's good that they did a corporate-backed lease. 

By far corporations have been sucking money from the public ever since the 80s at an ever increasing rate while social safety nets have been decimated.

So, if tenants, potential tenants or potentital Airbnb guests haven been laid off or just have seen their wages/hours reduced, I'd expect:a) lower rents (therfore lower ROI, regardless of leverage)b) increased bargaining power for tenenatsc) higher vacancy rates, specially for vacation rentals or mid-term rentals (remember, corporates are already in wartime economics, so sending teams abroad will not be a must)The sales markets is basically frozen.

You think these other jurisdictions and large corporations are going to waive anything???

—The term ‘‘COVID–19 emergency’’ means the national emergency concerning the novel coronavirus disease (COVID–19) outbreak declared by the President on March 13, 2020 under the National Emergencies Act (50 U.S.C. 1601 et seq.). (2) FEDERALLY BACKED MORTGAGE LOAN.— The term ‘‘Federally backed mortgage loan’’ includes any loan which is secured by a first or subordinate lien on residential real property (including individual units of condominiums and cooperatives) designed principally for the occupancy of from 1- to 4- families that is— (A) insured by the Federal Housing Administration under title II of the National Housing Act (12 U.S.C. 1707 et seq.); (B) insured under section 255 of the National Housing Act (12 U.S.C. 1715z–20); (C) guaranteed under section 184 or 184A of the Housing and Community Development 3 Act of 1992 (12 U.S.C. 1715z–13a, 1715z– 4 13b); (D) guaranteed or insured by the Department of Veterans Affairs; (E) guaranteed or insured by the Department of Agriculture; (F) made by the Department of Agriculture; or (G) purchased or securitized by the Federal Home Loan Mortgage Corporation or the Federal National Mortgage Association.

This article discusses South Florida and Central Florida for now, but that might make its way to Jacksonville, so its worth watching and seeing how rents change in Florida:South Floridians are already paying some of the highest rents in the nation when compared with wages.

I just read an article about how NY is proposing a CANCELATION of rent.I also listened to a couple of podcasts from some of my favorite and most respected business idols claiming that we are on the verge of a major DEPRESSION...I too have my own theories about the totally wrecked balance sheets, the terrifying overleveraging as in relation to income, and P/E ratios that are out of control of many of the world's leading corporations...not to mention why so many of the world's leading CEO's just stepped down in the last 6 months (google it) Given those facts, we may just be on the verge of a depression.