So far, 11 states have issued debt collection, eviction and foreclosure advisories or moratoriums (requesting creditors to cease recovery activities).

Anyone know a rent collection only receipt to customers they use?

(It can happen with other forms of electronic payments but seems to be easier to do with credit cards.)Here's one of the prior posts talking about it: https://www.biggerpockets.com/forums/52/topics/672783-fraudulent-transactions-on-rent-collection

A small percentage of owners are uncomfortable with this scenario, but it's an increasingly common tactic in the industry, even before C19, because it helps get units rented quickly, to well-qualified tenants due to the ability to be nimble, responsive and continue with scheduled showings.What should we expect for rent collection?

When I signed the lease, I collected 1 month's deposit and her portion of the rent.

The contingency for owners of multi-family properties is that they cannot proceed with evictions against tenants who are directly impacted by covid-19 during the forbearance period.I have a few other properties (2 & 3 unit properties) that have conventional financing and insured by Fannie Mae, I am prepared to withhold April's mortgage payment on these properties until the rent payments for the month shake out and I see what the NET collection number is.

What you are doing is a common mistake for many, many first-time real estate investors--you go around and around, collecting information, doing more research, learning about the market, studying any and every piece of information you can find, but you NEVER PULL THE TRIGGER.

Usually in this model you collect a down payment then finance over set amount of time at decent interest rate.

Try collecting...You do realize the death figures in NY/NJ approaching a sept 11 every week right?

Interest for late payments and chargesInterest at the Interest Rate shown on this Agreement will be payable on any amount not paid by its due date (including any balance which may become payable under section 9 of the Terms and Conditions of this Agreement) calculated from the due date until actual payment to us, to run both before and after any judgment.All reasonable expenses, charges and costs incurred in locating you or in collecting any sums due and unpaid shall, if we wish, be recovered from you should you fail to comply with any provision of this Agreement.10.