Seattle area has halted evictions and they are attempting to halt rent collections.  

If you are flipping or in it for five years or less there is more risk (5.5 years is an averages economic cycle) If you are buy and hold your value could go down for a few years then pop up and climb, but during those five years rents will increase, you will cash flow, services/repairs become cheaper, and all the time you are financed in cheap money paying low interest collecting equity each month from the rent paying the mortgage.

With this potential quarantine tenants could be out of work for weeks so that means late/unpaid rents as these tenants must survive with what they have and not collecting a paycheck.

"I don't collect properties, I collect great residents"  No way I lose a great resident over a few months of hardship. 

Hopefully you collected some earnest money, so that this is not a complete loss of time. 

I told this example of how the previous owner was paying $120 / month for trash collection, and because my PM manages 3500+ doors they can easily get deals from companies.

Just out of curiosity, any suggestions for apps/sites for collecting rent that have worked well with your tenants?

Im a Real Estate Rookie and i have a renter that is also a rookie in the rental world. They just moved out from their parents house for the 1st time. She has been in the apartment for 3 weeks and send me a message thi...

He collects bids (we both bring favorite subs to the table), deals with the building department, organizes the work schedule and generally oversees the quality of the work.

I have not had any issues with rent collections or leasing.