I have my lender who does SBA keeping an eye on things to let me know what to do when more guidance is released

I think looking at it as a case by case basis is the best option and have tenants pay what they can and catch up later.

Tenants will scam you, contractors will lie to you....can you catch them in the act and demand they live up to their word, even when they insult you and mock you?

Are you offering a preferred return that might need to be funded before NOI catches up? 

Delinquent borrowers living pay-check to pay-check will not be able to catch up.

Delinquent borrowers living pay-check to pay-check will not be able to catch up.

This allows you to "move up" in the quality of life of your housing in the eyes of the lender.

It'll probably turn into a bigger catch-22 of sellers having trouble finding their replacement property.Your Castle emailed out internal stats today for showings per listings from their agents.

My thought was to determine what exactly each owner really needs to break even and work from their as a starting to get the tenant to pay as a minimum with the idea that they pay the difference over time in hopes of catching up at some point.

Taking time to pause and analyze the performance of my holdings has been eye opening.