Hello BP communityI currently have a townhouse i am ready to put on the market for rent and am wondering how i should structure the lease to protect myself during this crisis. 

The LLC is comparatively costly but protects you and your assets.the cpa firm I spoke to were very helpful and gave me all this info plus a sample structure without even charging me anytime.

I personally feel that we are going to suffer a fairly big decline.

I suspect right now coming into April and the uncertainty of rents coming in PM's are going to be quite busy and will like landlords suffer reduced incomes as their income is based on collected rent at least the monthly portion .. just going to be a wild ride for landlords and Pm's in the next few months but it will pass.I suspect PM's are being bombarded right now with worried investors..   

The more they print (all the gov't bailouts announced for banks/businesses, and the "stimulus" for citizens) and buy create new bonds that have to be paid by future tax dollars, the more I think we should all be buying precious metals/hard assets to protect from the raging inflation that will likely come.

I'm protecting myself and my partner (the back).But... if you are still in short term money or all in cash... this is the time to get out.  

To take advantage of this the governor’s decree requires “… the tenant can demonstrate to the court, through documentation or other objectively verifiable means, that the tenant suffered a substantial loss of income resulting from COVID-19 or the related proclamation of a state of emergency and catastrophic health emergency, including, without limitation, due to job loss, reduction in compensated hours of work, closure of place of employment, or the need to miss work to care for a home bound school-age child.”

The whole reason to do the scope in the first place was to protect myself and have the information I needed to negotiate or feel good about the asking.  

With the millions of jobs being lost and huge hit to the stock market, I can't see how "small" mom and pop type home renovations/remodels/additions and construction projects won't suffer. 

The lenders need to protect themselves as well as the investors.