With this you may not cash flow, but you may be reducing your living expenses by having your mortgage more covered than you would! 

He tells people to use a budget, reduce spending, pay off debt and hold 6 months income in an emergency fund.

Resources that could range from interest free loans to tenant support resources you can suggest to your tenant.If none of those work out then maybe you can consider asking your lender to convert your loan to an interest only loan and reducing your tenant's rental amount temporarily to be able to cover the interest only portion instead of the full mortgage payment until the dust settles.All the best,

It doesn't make sense to lose $1,000 a month unless the appreciate is off the charts and making up for your losses.Sell it, even for a reduced price, and you'll automatically save $12,000 a year.

After reassessing the capital markets outlook, will be significantly reducing service fees.

It will reduce the cost tremendously which will lower rents overall. 

The loan money from my parents is coming from their relatively small life insurance policies (they have bigger ones) that simply reduce the death benefit by exactly what we still owe, and so my parents don't care if we pay the money back or not.

There is no "we'd like reduced rent, better amenities, etc."

So, if tenants, potential tenants or potentital Airbnb guests haven been laid off or just have seen their wages/hours reduced, I'd expect:a) lower rents (therfore lower ROI, regardless of leverage)b) increased bargaining power for tenenatsc) higher vacancy rates, specially for vacation rentals or mid-term rentals (remember, corporates are already in wartime economics, so sending teams abroad will not be a must)The sales markets is basically frozen.

Each month, we have tremendous Contractual Obligations and payments to make - Grocery-Bills, Utilities, Mortgages, Plumbers, Electricians, Medical Insurance Premiums, Property-Insurance, Sewer-Water, Oil, Gas, Electricity, Property Taxes, Cable & Internet, Cell-Phone, Income-Taxes...Are we now doing away with our entire system of Contract & Tort Law?