I am holding a conservative cash position right now until we have better visibilty on the road ahead.Look at it this way, what would be a worst case scenario?

All I'm really saying is ... prepare for the worst.  

The worst part is that it's a great time to work on houses, but only if we can permits to do it.

I feel that it is in a good enough neighborhood that worst case scenario I could still rent it for my anticipated mortgage pmt and take a small hit each month until the recovery happens.

We were talking worst case scenario.

Of course, sometimes you run into a truly novel situation, and a decent amount of research may be necessary, but this doesn't sound like that sort of situation to me.

If you work something out with one tenant who is struggling in this crisis, whether it is rent reduction, rent credit, deferred payment plan of some sort, applying last month or deposits towards rent, whatever...how do you solve the problem in a multi family setting where everyone including the ones who could afford rent stop paying "If George gets to skip rent I am not paying either!"

The overwhelming majority don’t work and are receiving some sort of gov’t assistance.

And if so are you willing to take on that financial and potentially legal liability should the worst case be realized. 

Want to get your thoughts/opinion on few subjects:1.would you do a ren't relief plan to your tenants if worst come and because of reality kicks in and they won't be able to pay rents or some of the rents?