Make sure you are able to produce a tour which gives buyers the true feel of the home so they feel like they are actually there.Something you will have to consider is the extended time you will likely need for the contract to close duration.

I'll likely offer them rent reduction for the duration of construction, but that's not the advice I'm looking for.

Depending on where your property is you could send a notice of non renewal with the proper notice period-30 or 60 days.

This property is off of 55th, north of State Ave.Goal is simple:  buy discounted properties, turn them around through proper management and capital investment, thereby forcing appreciation and creating steady cash-flow. 

When done honestly and properly, syndication can be a great way to create and preserve wealth via passive income. 

We've included the link for more information: (link)If you are still worried of not being able to pay next month's rent or any future rents and have exhausted all your options through borrowing from family members or other, we ask that you please send us an email prior to the rent's due date explaining your situation along with proper documentation.

So anyone who owns them that hasn’t properly prepared with cash reserves will hurt the most immediately.  

I've been doing my taxes this way for a few years and I always feel uncertain if I'm do cost basis and depreciation schedules properly.

Things go wrong, if you don’t have the proper demeanor or team and you hate it find a pm.  

Grace but don't be too soft hearted - we don't run non-profits.I bet unemployment wont cover all their rent and food etc.. in my mind landlords should be coming up with a plan.. the we are not charity is not going to play well .. flip side is your investors you knew the risk you took counting on someone else ( tenant to pay your bills) thats why proper reserves are a necessity in the rental business.. for situations like this.. this should be no issue to a landlord who has proper reserves..