And I think the Coronavirus/COVID-19 is exactly the kind of catalyst that will cause us to start looking at declining rents for the first time in years.What I think will happen is what happens in every recession, namely that a lot of people will be forced to either move home or double/triple up (get roommates, or more roommates than they had), which will reduce demand.It's possible I'm wrong, we could (eventually) get inflation and maybe rents will keep rising.

This would reduce the monthly mortgage payment down to $1520/month. 

I have always seen good turnkey deals on paper, but in reality you deal with vacancies, lack of interest and therefore reducing rent to get someone in.

I could see REIT’s with class C strip malls also being in trouble, but what about REIT’s that own class B and up office building, medical bldgs, NNN corp brands (like Walmart, Costco, Walgreens, etc.)?

They're waiving late fees, holding off on evictions, reducing rent, deferring rent, and many other changes.Don't let it bite you in the butt! 

While I concede that event-based issues today (and recently) may reduce future recording activity, the system certainly hasn't stopped. 

You're investment is reducing your monthly liabilities. 

Folks in professions like yours need to talk to your unions, or whatever, and get pay raises in exchange for the per diem being reduced. 

I got my start as a commercial property manager in Chicago then got my brokers license and closed $14.6M in lease transactions, mostly medical office leases, in my first 15 months.

In addition to the density bonus you also get up to 5 "incentives" which can be used to alter or reduce development standards (such as increased FAR, reduced setbacks, etc).