In the area we invest we know the state/towns are can be counted on to catch tenants up for 1-2 months per year if they fall behind due to job loss or similar situations.

It sounds like you obtain an attorney just in case the tenant wants to sue you for something, if you have an attorney already you are not playing catch up at that point.

Once we come out on the other side and tenants start catching up then we will be fine. 

Besides the stock that you mentioned, I am also eyeing Fannie Mae, AIG, Apple, and other California utility companies stock.

Good catch, I'm sure people have missed out on that by either them or their loan officer not knowing.

If you are unable to pay yourrent for 1 month, once you are back to work again you can make extrapayment to catch up with late rent.We are offering a 90 day delayin rent if needed, this will be paid back on a monthly scheduleafter you begin work again along with your normal rent.Our goal here is to work with ourvalued tenants and offer some solutions in an uncertain situation.

Make sure you establish relationships with some property management companies so you can have some eyes on the property if you can’t be there.

Many things he is buying he has probably been eyeing for years. 2) Buffet buys equities in established high quality companies (vs class B and class C companies) with deep track records and solid management teams.

Not allowing free rent, but instalments to catch up over time.Looking to defer mortgages and have rent that does come in build up as an additional cash reserve.

For instance here in Phoenix, the max security deposit is 1.5 times the rent, but a tenant can voluntarily pay more.Secondly, you have to see things from a renters' eyes.