Just like with LTRs, I think the effects will cull the crowd. 

And even if a lender doesn't pull your credit for some reason, the other covenants on the loan will generally follow the same thing that will effect your credit score, i.e. net worth and liquidity.  

I am also in a stay-at-home state, yet have had contractors working on a flip for the last 3 weeks the orders have been in effect. 

Does anyone know how to effectively report a tenants delinquent payments to the credit bureau

Try to sense if there will be close in neighbor (and other effected neighbor) lawsuits about "Noise" "Increased Traffic" "Views" "Butterfly Habitats" or other "Vindictive Things" that are not stated but will be filed under the listed items in order to slow your development down to a freeze and cost you a ton of legal fees for years" (Because some local people do not want the area developed for their own personal reasons).9.

Life companies are still game but definitely tightening the guidelines and requirements.It will be interesting to see how office and retail sector change through this and the real effects on the CMBS markets with the inevitable defaults coming due the pike. 

I'm trying to refine my deal analysis skill through trial and error and one problem I'm running into that is effecting my profit is when to decide if I'm going to be paying for water, power, and garbage?

Regarding your questions, in my opinion, you should look at your HELOC as one of many funding sources  & for every deal you should analyze which funding source (cash, your HELOC, refinancing one of your other multifamilies,....) is the most effective to use.

Purchase price is what is required to figure out ROI ("I" is effectively the purchase price), operating income doesn't play any role in the purchase price.

SPG actually is trading at high BV multiple precisely because they own a lot of malls that are high end, with restaurants and high end retail (the kind of stuff people don't buy online) that have done well for years despite the Amazon effect.