I just hope we are able to collect the rent later if we defer it, or that we will get some help from the government if we can't.I'm considering accepting partial payments or deferring rent until things settle down and then letting them pay it back as they can. 

As an SBA professional I wanted to make you all aware that the SBA has a long standing policy to allow for loan deferments to handle temporary cash flow disruptions, which the Covid19 event qualifies as.This pertains to all borrowers who have an existing SBA 7a, 504 or Microloan.Loan deferment can be done unilaterally by your lender.

It's just a question of what strategy you are employing at the present. 

I would rather defer that rent and have the tenant pay it back over a series of months once they re-open for business.

In some states a TCO will be accepted but the deferred items must be cured prior to closing

Once we got the property under contract we had our contractor and our PM walk the property with us, after discovering quite a bit of deferred maintenance we showed the seller how much repairs were going to be in order to get his up to market value, at which point he lowered the price and mades ome repairs him self.

I'm assuming this will be followed up by landlords having deferred payments?

I think it is healthy to have fear present because it keeps us from making silly moves and maybe keeps us humble.

I’m choosing to be aware of life around me, and to embrace the situation that has been presented.

@Peter Fuentes,When you present the contract for sale to your buyers, you can also present options that you see to them as possibilities for what they will do with the property, but ultimately, it's up to them as to what they want to do.If you see multiple options for the house, then you can present multiple options to your buyers.