Leave alone and maybe in 10 days he will sell to me at 245 ish#2 Pay more (say 265k) collect rent at market rate of1900 per month for 3 years with agreement on him making repairs as they arise#3 Loan him 50k at 15% and he says banks will cash out refinance in about 6 to 12 months.Is there a deal here somewhere?

Here in Ohio they are closing down restaurants and bars because of the virus. How would you guys handle rent for those who are affected by this if they were always on time before and struggling now? Thanks for your in...

That being said, make sure you have the ability to run the property from afar that will include finding a property management company who can run the place for you and collect rent.

I do not collect an application fee.  

I just hope we are able to collect the rent later if we defer it, or that we will get some help from the government if we can't.I'm considering accepting partial payments or deferring rent until things settle down and then letting them pay it back as they can. 

For me I would evict and turn over to collections for what is owed.

I will definitely add those to my collection and love watching meet Kevin, he seems to have his heart in the right place for make the videos

We've already got new tenants with a lease e-signed and deposit collected for the fall.

For those of you that are Property Managers (managing rental properties for others) or as owners managing your own properties, are you changing any of your procedures (conducting showings differently, rent collection, etc...)?

I know there are a few options that replace collecting a traditional security deposit.