This is downside protection.2) Security Deposit: In the event of eviction, the landlord can keep the security deposit as collateral for one month's rent.

As Robert Kiyosaki says, massive transfers of wealth occur in economic crashes, so I'm trying to prepare so I will be on the winning side of that transfer!

Our team is feverishly & excitedly working on some projects to set us up for security & insurance in the event this happens again.

Everybody is taking a haircut in this event . 

It occurred to me recently realized that real estate investing was a inkling of an idea that has always been a persistent throughout in my life and I've really been wanting to finally make a more concrete move into investing in real estate. 

It occurred to me recently realized that real estate investing was a inkling of an idea that has always been a persistent throughout in my life and I've really been wanting to finally make a more concrete move into investing in real estate. 

The tenant wants to turn the property into an event space, beer garden, and food hall business.My concern/question is, with all this corona virus, do you think the prices of commercial real estate will go down significantly?

You renovate and create a nicer monthly rental property or operate as extended stay / STR for business travelers.As for the dining hall and restaurant you can convert to amenities like a gym, common area, event space, co-working space etc.You do not want to use hard money for something like this as it would be very punitive and expensive.

As has been discussed in other threads, in the event of true loss of job, no unemployment, no gov't bailout, no savings or liquidity, no other sources of income, a very small minority of tenants will truly be unable to pay rent.

Therefore, even if the seller has the ability toforeclose in the event of a default by the buyer, the asset might not be worth as much as it wasat the time of the original sale, and the buyer may have even contributed to its decline in value.