They are making the same mistake I was making as a kid, trying to break into the computer industry.

Many people make the mistake of thinking this will give them "skin in the game" or "more incentive to perform".

I am trying to anticipate worst-case and figure out what the possibilities are with creative financing. 

Remember, it gets easier the more you do it, the worst thing you can do is wait!

They were served in February, were supposed to be out by April and stayed.The worst part is that this is not my property.

Is it reasonable to plan  at about 10 months time if his home is not ready that we give 30 days notice with the worst case scenario that we will have to evict him (but rent will be covered for 15 months regardless if he is there) Yes, complicated.

Most people make the mistake of looking for deals first.

It seems like you have definitely run everything at a worst case scenario rate which is great to minimize any surprises, but don't be surprised if you have more cashflow than you expected based on your assumptions. 

Nothing worst than not getting paid AND having your property damaged.Knowing what the moratorium prevents - and doesn't - allows us to act quickly and regain control of our businesses.  

These properties are not in the best part of town, in fact, they may actually be in some of the worst parts of town.My wife and I are very interested in getting into the buy and hold realm, but really have no idea where to start and don't want to get burned.