Once they have exhausted these resources, we have asked them to provide proof of either having been laid off or that their hours have been significantly reduced due to COVID-19, then pay what they can. 

Exhaust those options first before you go the hard money route. 

If they need help past that period (and have exhausted all other options - SBA etc) I plan to offer a payment plan of some sort.

Paul, if a Tenant has not exhausted all options to help themselves there would absolutely be an imminent eviction... let me ask you something... when you have a perfect history of paying your car payment but miss enough of them, regardless of the reason... will they still repo you car?...

Are you saying you've exhausted your local lenders?

This list is not exhaustive, and each maintenance issue should be taken on a case-by-case basis.

It seems unlikely that this will withstand constitutional scrutiny. 

On the other hand, if you just have a lot of capital and you want to increase your pipeline, then you'll probably end up doing it anyway; especially if you've already exhausted all other means of finding some of these opportunities, like the one I mentioned.

Diversification and reserves and you can withstand just about any downturn in the economy/markets. 

You should be able to demonstrate that you have exhausted other options before coming to the Landlord.