Their liquid situation is wiped out. 

I wonder if renters leases have expired and how the PM is handling the situation.

Transactions done with the expired credit card will be forwarded to the new card. 

https://disasterloan.sba.gov/e...

This restricts Agents from 'circle prospecting' and prospecting 'Expired' leads.That restriction, however, doesn't restrict you from calling:- 'For Sale By Owner' leads- Past leads - i.e. someone you cold called 6 months ago is considered to be someone you have a past relationship with and thus is no longer a 'cold' lead- Personal circle/sphere of influence - Incoming inquiries - i.e.

You just want to be sure that you incorporate some type of liquidity event (refinance or sale) within 5-10 years in order to return all of the investor's capital because no one wants their money illiquid for too long. 

Only time will tell.In my mind really depends on the assets themselves if you have true equity after you refi.. or its just refi equity which can be no equity.and for sure you have income to support some bad days or enough cash reserves or a few paid off properties that you can liquidate to prop up your cash. 

Covid 19, Stock Market Sell Off, Liquidity dried up, and EXTREME Market Uncertainty.How quickly can institutional money leave a market?

If some banks do not allow restructuring, the firms can take advantage of the liquidity provided by the Fed via their announcement that they would buy assets. 

your solution is to just liquidate .. sell one to weather the storm.. or sell them all go to cash.. which should be significant redeploy into assets that pay you monthly. problem solved.. if you have a lot of appreciation and a tax burden you could 1031 into a different asset class ?