Here is a brief description of it:Protecting Renters and Preventing EvictionsCancel/ban evictions for rent due from the start of the COVID-19 State of Emergency through 12 months following the end of the State of Emergency, if tenant was unable to pay because of a direct or indirect impact of COVID-19.Provide “Just Cause” protections to ensure tenants and foreclosed homeowners cannot be evicted for no-fault or non-renewal of leases for 12 months following the end of the emergency declaration.Freeze rents at pre-COVID-19 levels; rents as of March 10, 2020 remain in effect through 12 months following the end of the State of Emergency.Provide a local option for municipalities to extend Just Cause protections upon expiration.Provide strong protections against unfair debt-collection activities for tenants impacted by COVID-19.Link to bill description:https://www.repmikeconnolly.or...Link to contact senators: https://malegislature.gov/Bills/191/HD5166

With the second wave of the COVID-19 virus upon us it seems hard to predict how heavy the impact on this industry might be. 

A LEGITIMATE order would have had the simple addition of a person having to provide financial evidence of their inability to pay, of decline in income benefits, and then the amount of rent placed into forbearance status would be of % equaling decline in income due to covid impact.

I have been met with a few objections, and would like to know what your thoughts are on each (and maybe some counter-arguments that I can use):-It's a seller's market / houses are overvalued and prices will drop soon-There's too much uncertainty in the economy with COVID-19-It will be hard to get people to rent during a pandemic-The election in November may have an impact on the economy, housing market, etc.Thanks in advance for your feedback!

What will the impact of this source of funding increase be?

Sunset Cliffs area can be impacted with traffic as the base primary hours open (~7 AM), lunch (noonish) and close (~4:30).You will want to find the right area for you as beach communities each have their own flair. 

I would do due diligence and see how would the cash out impact the next deals.

@Charlesa F. you can enter the address here for flood risk https://msc.fema.gov/portal/homeIf it is in the blue, or blue and red striped areas, that is something I'd almost always avoid, some of the other areas are a bit less risky but it is likely to still have an insurance impact. 

When I made that decision I described, I wasn’t educated on assets/liabilities and what impact that new debt would have on me.

Although I prefer doing a refi vs a HELOC because the added cash out is termed out over 30 years and has less of an impact on my cash flow, my concern is I'm not sure if my property will appraise high enough to conform to the 75% LTV with the cash out and I dont know how long the process will take (2-3 months?).