FHFA has currently extended all foreclosures through 1/31/2021 and I anticipate the Biden administration will extend again.

@Sharon Li you qualify, and service members are actually eligible to extend this exemption to 15 years, provided you're still in the military!

For existing tenants, you either don't extend their lease and they move out or increase their rent upon lease renewal and then ... they move out.

I have installed and reworked the installation of water heaters before.I don't know, but I am told that the typical 6, 9, and 12 year models at the hardware store either 1) don't differ mechanically at all- they're just building an extended warranty into the price or 2) differ only in the anode rod, which keeps the tank from corroding - the longer-warranty models have a thicker or longer anode rod.If you never ran out of hot water with the one that's there now, then get one the same gallon size. 

Even wholesalers offer the deals based on extending the existing configuration.

“There has been plenty of discussion about how the extended period of low interest rates has contributed to inflation in asset prices,” Mr Fink wrote.

I’m saying this as someone who lost money on a bad deal 3 years ago but can say my greater regret is not going after it, but, not going after other deals and suffering the investors worst possible loss: opportunity cost.

What you might do is to put the property under contract now and extend your due diligence window for 10-14 days beyond 12/31. 

So even if the eviction ban is extended, it's likely there will be financial assistance for small landlords in one form or another anyway.

Some people just believe in cash only and their score suffers but they are still responsible it is just up to you if you want to dig further.