Wondering what the other management and landlords are planning on implementing for procedures regarding non payment of rent during the no eviction period.I was thinking of asking tenants confirm that they have in fact been terminated, to present proof of termination and contact info of previous company.

We are asking those who are out of work and those who have had their hours cut to IMMEDIATELY apply for unemployment benefits (which are now available with no waiting period), and then to call us right away to work out a reduced and/or deferred payment plan so that we are able to plan how to pay our bills.

So, are there investors who would buy a home and rent it back to the seller and defer their rent a few months or so (obviously because of this specific situation)?

Be careful How you present it to the client.That being said, the amount of commission you make off of 1 deal is probably not going to be enough $ to get that client excited about having you invest with them.Someone with 1600 units doesn’t need your $.  

I used a formula to get the MAPP (max allowable purchase price) and presented that price and it was accepted.

Fortunately (but also unfortunately for this, I guess) neither of us are rated so we can't defer or wave the loan funding fee.

This is a BIG 3 family and appears to once have been two properties merged and put on one deed-- that feels important because it presents new challenges in running lines (a sturdy brick wall divided two of the units, no shared basement). 

If you think the roughly 30% drop you’ve experienced in the last few weeks is bad, then you probably were too young to be investing 13 years ago.Time of fear though present opportunities for the disciplined investor.

Not allowing free rent, but instalments to catch up over time.Looking to defer mortgages and have rent that does come in build up as an additional cash reserve.

I will gladly walk away, but I want to be prepared if the right number presents itself.