If your agent is not experience in Commercial Insurance you may need to seek someone who is. 

From this point, unless the buyer and seller can agree, then there is an option for the buyer to seek specific damages from the seller (sections 15/16 in the FAR-BAR "AS-IS" contract).

The neighbors get foreclosed on more than typical neighborhoods and that keeps values lower for longer.2) HOA association decides to levy a $20K assessment on all owners in the neighborhood in order to upgrade everyone's windows, decks, roofs, and siding.3) HOA increases monthly dues by $250 per month in lieu of a large special assessment. 

So they got what they wanted which was a chunk of cash up front and I got what I wanted which was a good return on my invested capital.The seller had a recent appraisal on the building so I offered them a bit less than the appraised value and we worked out a rent that is comparable /sq ft to similar properties in town.The seller gave me yearly rental increases and I gave him the option to buy the property back from me any time during the 5 year lease term because that was important to him.One of those classic win-win deals.

We have a signed contract to close on a duplex in October...We are excited, but also seeking "successful" folks to connect with..

I am biding my time a bit, last year when we finally got the town to phase out rent control on vacancy we were also able to get them to include a floor increase of 1.5% if CPI is less.

The are victims of this tragedy and are up front worried about their housing trying to keep a roof over their heads and all they want is to work with you on making a payment.You at any time can do a eviction but like others said the whole system down there is going to be overloaded.. calls to assistance social networks are going to be flooded with people seeking assistance and that takes time to get  approved..

I have noticed an increase in used multi-family unit hitting the market over the last 30 days so there are out there.   

From a protect-yourself standpoint, you need to seek legal counsel on this one but here is my non-legal opinion.  

How much rental increase that would provide.