I do have reserves, but it is mostly for emergency purposes and will be a back up if all else fails.

Every time I put a unit on the market we get a bunch of section 8 calls but up until this situation we've usually gotten a reservation payment or signed lease in less than a week so we never really looked into it.

I'm courting several GC's now to see there ideas and bids, but getting permits right now is impossible so im thinking about leveraging my handyman, electrician and AC guy that I use for my grocery store. 

Assuming the buyer got a discounted price that was worth it to them and satisfactory enough to the seller, and the buyer has reserves, it seems like this could be a win-win.

Unemployment is rapidly climbing and the only industries I see weathering the storm at this time are construction, healthcare, liquor, grocery and gun stores.

You have to be ok with an uncertain landscape and have plenty of reserves to opt-in right now.

Additionally, I'm a fan of having 6+ months of cash reserves so you can weather a downturn (similar to what we are seeing now). 

Essential Retail, Including:grocery stores including all food and beverage storespharmaciesconvenience storesfarmer's marketsgas stationsrestaurants/bars (but only for take-out/delivery)hardware and building material stores5.

We land lords may have to dip into reserves for a month or two, but that is what reserves are for.

The newest BP and BP rookie real estate have been fantastic and gave a lot of food for thought on direction forward.Gave a chance to go over the budget and possibly even cut some things out.Try to keep building up those reserves and stack up what we can for when we do see a dip in real estate.