Looks like the situation will continue to get worse before it gets better in NYC.Hopefully Covid19 will be gone in June and things will be back to normal.

I would increase if that's the normal market rent for the property.

You would direct deposit your income into the Heloc and use it as a normal checking account to pay Heloc down, bills, etc.

Here they have open offices that folks rent a desk from and they come in and work like a normal office.  

No parking no garage.. and no real storage in the units other than normal closets.. but we sold them all in 45 days and got 500 to 600k for each of them.

Process late notices as normal.

Normally those are solid performers. 

In my opinion, stocks are probably priced about the same as 2008, but the reduced value of the dollar from $4 trillion or so of QE makes the stock market seem inflated compared to 2008, although today’s prices are the “new norm”.RE prices should be higher than 2008 comps too for the same reason, but due to barriers to entry as lending returned to normal in 2009-present (no more “undocumented loans”) RE prices aren’t as run up as the stock market.

I looked uppublic records, everything looks pretty normal.

Clearly you had some good foresight a year ago.In general, I agree with your sentiment that things will get worse, but I do disagree on general timelines.First, I cannot tell if you mean recession from a traditional standpoint (2 consecutive quarters of GDP decline), the current National Bureau of Economic Research (NBER) definition (a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales) or a general "emotional" descriptor.