School closures will disproportionately impact blue color. 2020 housing market boom is fueled by blue color, they are the last wave. 

Thank you allRobert Elliott

Riding out waves like this is key! 

Oh, and what if wave two strikes this fall/winter?

So long as you don't HAVE to sell you can ride the waves until the tide rises and you're back on track to refinance and cash out.That said this is NOT the time to buy deals with high-interest short-term debt (hard money, etc.) unless you know it's a slam dunk.

I may wave late fee's and also considering waving rents.

As one who worked through the GFC we learned in these types of situations taking the hardline will cost you far more money than extending some further credit or waving some rent or payments.

We fully expect a wave of mortgage delinquencies (and hopefully a federal program to help deal with them).

We fully expect a wave of mortgage delinquencies (and hopefully a federal program to help deal with them).

I myself am anticipating 100% non-payment on my rentals.More food for thought: Looking into past pandemics such as the 1886 Small Pox, it wasn't the first wave (the one we are currently in) that was the largest problem....it was the second wave that crushes the medical systems.