You will definitely want to factor more economic vacancy right now, 12-18 months reserves per current lending requirements, lower LTV  and much lower rent growth, depending on the asset and location, if any at all during this time as we will see more and more rent controls coming out of this situation.

This is not a scenario where landlords should bear the brunt of the losses for a controlled government shutdown of the economy.

I prefer owning SFRs and small multi-units over the larger multi-units for a few reasons:On larger deals you lose control due to the syndication.You can't sell to a retail buyer if rents compress (the value of the property is strictly based on the income it produces).A mortgage payment on a larger building is harder to float if something happens (flood, fire, etc.) whereas I can cover the mortgage on one of my single family houses if it floods, and the odds of all of them flooding are very small.Hope that helps!

It is ludicrous that someone can have so much unregulated control over the valuation of a property.

Maybe they will, maybe they won't, but they sure won't be able to look at me to blame.Not only will they not look at me to blame, they won't harbor any ill-will against me when things go bad for them.What I think about all the time, and maybe this is because I am a cash investor, is the fact we allow strangers to be in control of very expensive assets, our life's financial work in many cases.

People will still need places to live, but the crowds of the traditional spring market will only be a fraction of what we have normally seen in the last few years.Of course every market is different, but I'd assume being in a state with almost 5000 COVID-19 cases would mean that you're probably going to see a significant decline in real estate foot traffic for the time being.

I'm probably just being impatient, but I'm not sure what to do I feel like it's out of my control.

Basically, do you think they will be able to maintain control of the rate?  

Now sure what your state requires but here in Georgia, our contract states all pest control is the responsibility of the tenant.

We anticipate a lot more control over the tours on the next one we shoot.