So we're staring at several months that are normally when our busy season start ramping up... and we have no income at all, and some substantial overhead (mostly in terms of mortgage payments)While we have even discussed turning these properties into LTRs, I fear that in the current climate in NYC, this is not the time period to start a LTR contract.The only idea that I've come up with so far, is to list the properties at a substantial discount for week-to-month long chunks, and to advertise through alternate sources like Craiglist.

My concern is in the event I exhaust my vacancy funds set aside, i'll then be relying on my W2 income to pay for any mortgages normally paid by tenants.

Sales much higher than normal Spring market, refi's or something else?

Remember to respect and protect each other so that we can minimize the loss of loved ones and return to our normal lives as soon as possible.You will notice that I have repeatedly used the word "proactive".

If you have COH to cover, potentially months, of a vacancy, proceed as normal. 

Late filing or late paying penalties and interest will not be charged and no extension filing is required for the 90 day extension period.Though tax season has been extended I would highly encourage all businesses and individuals to have their returns complete by the normal due date.

As far as repairs, I would delay if not necessary for safety or normal operation of the property.I would advise against calling the police or a locksmith.

Serious issues are working against us just snapping back to normal.

Things will get back to normal after this blows over.

Another Fund is preparing bids for a few of our loans in the normal, pre-crisis manner.