And with PPP, stimulus, enhanced unemployment, plus many (most) still working/employed, not to mention tons of charity options, there is little to no reason to simply skip rent.Though I tell any tenants that if they come up with an excuse that works for my lender and property tax to not charge me, or to convince my employees to work for free, I'll let them skip rent.  

(I think RE student landlords around some...not all...colleges could get hurt.)WORKING: I think you'll see a short-term trend to work from home...but as someone who has worked from home for the past 5 years (self-employed), you must be DISCIPLINED.

They have an office, marketing, software, they've gotta pay gas, license maintainence, and then everyone's gotta get paid and with employer share of payroll tax as well.

Finally, if your company provides a match you may not be fully vested in it all currently (it depends on how your plan is written) and if you aren't fully vested and take a distribution on employer contributions then you will lose some portion of that money.

A 16.6% probability of a paycheck is not even remotely reasonable.Being self-employed, time management is critical. 

I do a free preliminary screening of each applicant, such as; calling current landlord, verifying employment and income, looking up criminal records on open source documents (in Iowa anybody can look at Iowa Courts Online).

I always wondered why having a job was considered better than being self employed .  

You want to go to the Bureau of Labor Statistics and get the Metropolitan Area Employment and Unemployment Monthly Report: https://www.bls.gov/news.release/pdf/metro.pdf.  

As of now, I put 20% of my paycheck into a Roth account where my employer matches 5%.

My personal solution is that if we can't do it, I'll identify the overlay and refer it out (in my case this is most typically HELOCs, since minimal/no overlays on the 30YF 1st mortgages was a big part of my 'employer shopping' last time I switched where I hang my license).