As @Scott Trench noted above, only a few crazies will play Armeggedon with their housing.

@Eva Mackowski For me, my mortgage is not something I want to play with, it's the foundation of my financial future as it's the vehicle that is providing me access to passive income.   

Hey guys, Today is the first day of the Stay at Home order.Do you guys have anything on rent payments, deferrals, or anything on how it's going to play?

This is playing right into the hands of Bernie Sanders and his cult.

I'm not sure how the LLC plays into it, but I know state to state this can vary period. 

I'm totally against handouts but once the bill is passed, I think it's best o play the game.

I have two flips that haven't started and are just sitting there, but they were good buys so time will play out in my favor.

Tenants who have been approved for unemployment are automatically authorized Section 8 vouchers with online verificationAt the end of the year landlords will receive a 1099-MISC for each property for the amount of rent received which is totally subject to depreciation.At the end of the year tenants will receive a 1099-MISC for the amount of rent paid on their behalf and subject to their tax bracket.This can all be set up online, is totally verifiable, and efficient.When you no longer qualify for unemployment, you lose your section 8 and landlords only qualify for rentals that have unemployed tenants and not those with the ability to pay.Again this can all be done online and is simple for both the Landlord and Tenant to understand.It is also the correct way to do it by the Internal Revenue Code.This SBA Loan program is a complete sham and is being run by the BANKS under guise of the DEPT OF TREASURY.I would get a lawyer opinion before I would do this, because not only are you going to go bankrupt you are going to wind up dealing with the bank secrecy act and treasury regulations in addition to the IRC.WARNING LANDLORDS YOU ARE PLAYING WITH FIRE IF YOU GO THIS ROUTE. 

If you're comfortable with the long term play, have some long term hold experience and are confident/comfortable in these questions, I would continue with your plan to hold and rent.

Play ball or the phone stops ringing.