Supply and demand. 

What if the next order is to shut down residential building supply stores like HD and Lowes as nonessential?

Went to an industrial supply wholesaler.  48 rolls were $75.

What I do know, is that companies are getting absolutely hammered with very little revenue coming in, coming to job losses...people can't afford payments which will mean foreclosures- and with a high supply and low demand.

I know there are temporary measures due to the virus, but this is pre-virus regulation changes, if any.I'm considering holding a 1st position note.

They have the ability to manually separate business debt from personal debt if they choose to.There is the option of completely refinancing the note and putting it into the name of the LLC that way, but as it was mentioned in your initial post, and again throughout here, it’s not the best option because there are many regulations you have to abide by.

Phoenix could see a large drop in demand while still having it outstrip supply considerably.

We have high demand for housing and not enough supply - polar opposite to 2008!

@LaVonne Eaton Sounds like they are not following SEC rules and regulations.

The reason bank loans became much tougher to obtain last time around, was because there were a ton of new regulations and the creation of the CFPB.