I spoke with one of our attorneys last night and he said - it basically makes the contract worthless.On a good note, this will protect you should any major changes happen during the escrow period.

Best bet would be to get hold of Dave Foster on BP as he is a QI and has been very good about advice.This is an important piece - a good QI protects you from violating the essence of the 1031 which is you defer gains by never, ever, touching any bit of the proceeds from the sale. 

. - Having been in the stock market for several years, I would agree with your approach, as I have felt for the last several years that the stock market is overpriced, and even today, continues to be overpriced, predominantly due to the inflation of unprotected 401k plans, many new investors entering just to make a quick buck, and many companies having done away with "protected" pension plans. 

Is it just me or does anyone else feel like this SBA loan / paycheck protection program is going to be scammed to death by everyone and their brother? 

. $300 to form a native TX LLC - which itself has, from what I understand (NOT being an attorney), excellent legal protection. 

We've run credit checks and things look ok, but any recommendations on other contractual things to help protect myself?

I would emphatize, offer alternatives, maybe half rent and the rest deferred etc, but still serve a 5 day notice to protect your rights.

The upside to investors is the larger distributions and protection in any downside because it falls above the common shares in the capital stack. 

I use protection so that I dont need to use Plan B. 

I'd love to hear from anyone that has experience with this-- how should I be structuring my lease to protect myself?