It is very stressful when you have a PM you have to worry about, and even worse when you have crappy tenants that the PM placed for you (assuming they did). 

If they break up, they are both responsible until it is resolved with a new tenant I approve.Negotiators:  Applicants who immediately ask me to reduce rent, I drop them from consideration. 

I am optimistic that "average Joe" doesn't lose his shirt or feel unnecessarily stressed again.

Buy right and you'll have reduced living expenses, build equity, and gain experience as a LL.

I’m already very stressed at my job, so much so that I was rushed to Emergency Room for chest pains at midnight last month.

Now second generational tenant lease up at reduce rent rates then when purchased and equity from down payment is mostly gone.STNL can be great properties if you buy with the right locations for the right terms.

And, many landlords are reducing rent, or forgiving portions of rent.

On a partnership LLC, when you do a distribution , are you offsetting account for your owner contribution , ( so what they have into it is reduced? 

Once they have exhausted these resources, we have asked them to provide proof of either having been laid off or that their hours have been significantly reduced due to COVID-19, then pay what they can. 

Thankfully, we were notified about the claim mid-rehab, so had it not come up until we went to sell, it probably would have been a 3 month delay.Process on that was definitely cumbersome and stressful.