Presuming you are only responsible for the costs listed above, the exact terms of the contract would come into play. 7000 down is your initial investment (plus any filing fees if the seller is not covering them), but what is your monthly term and interest rate?

Albeit most that request assistance as it stands RIGHT NOW... only a few weeks into this situation... are unwilling to take on the responsibility for themselves onto their shoulders and find it just easier to put it onto someone else... which is why we have instructed our PM's to 1) verify the tenant's unemployment with connection to COVID-19, 2) allow them to take advantage of the options above, deffer rent for only those that truly absolutely need it, and file for eviction for all the rest to be in place when courts start the process... because as mentioned above options remain in helping tenants make ends meet but not paying for a product you are currently consuming is never going to be an option, if it is... next time you go to the grocery store for food... a first level necessity... try to walkout with a cart full of it without paying and see if they'll absorb the cost - the audacity of the manager even trying to stop you! 

In many cases you know who to charge the expense to or file charges against.

Do we still need to file tax returns for them for 2019?

If returned, do not open the letter, just file it away in the envelope.

https://www.sbc.senate.gov/public/_cache/files/9/7/97ac840c-28b7-4e49-b872-d30a995d8dae/F2CF1DD78E6D6C8C8C3BF58C6D1DDB2B.small-business-owner-s-guide-to-the-cares-act-final-.pdfThis guide makes it a little easier to understand.

I wonder if you can file unemployment if the town ceases STR activity?

Unemployment claims were right in line with what was expected. 3 million were expected, and 3.3 million filed."

https://www.nar.realtor/sites/default/files/documents/2020-nar-flash-survey-economic-pulse-coronavirus-residential-03-12-2020.pdfThere was an open house in my neighborhood last weekend and the cars were lined up on the curb. 

For the loss of 50%, I was told that I’m eligible to file unemployment benefits.