Ensure you start thinking about and developing a Rental Deferral Program and/or offer to start accepting credit card/debit card payments for rent if you haven't already.

GETTING HELP NOWNYTimes - Money MattersUnemployment - law expires 12/31States can access when they have 10% rise in unemploymentUnemployment is typically 45% of lost incomeMost states pay 26 weeksDon’t have to lose your job, can get it if: you are quarantined, furloughedGetting unemploymentHave to have been at job for 30+ daysEligible for 2 weeks paid if ill or quarantined or caring for sick family memberPart time workers can get average of normal 2 week salarySelf-employed (gig workers, etc) must calculate daily average and claim as tax creditWho is exempt:People that work at companies that employ 500+ peopleCompanies with fewer than 50 people can ask for an exemptionEvictions + ForeclosuresMoratorium right now on bothSuspended for 60 daysThis includes foreclosures that are in processTaxesCan hold off on paying (without penalty) until July 15th if:You owe less than $1 million to the federal governmentIf you are getting a refund, it will come in a normal time frameMortgagesFind out who owns your mortgage + what programs are availableRequest Assistance (Fannie Mae)Small Business ReliefSBA Economic Injury Disaster LoansSmall business loans up to $2mil3.75% int rate for businesses | 2.75% for nonprofitsDenver Small Business ReliefDENVER RE TRENDS - please note you should watch Seattle, as what happens there will likely come to Denver and Colorado SpringsPulled data for detached/attached homes within 6 miles of a client property in Sloans Lake$350-$500KMore properties went under contract in past 5 days than in two other 5 day increments we recorded (11-15, and 16-20 days out)35 of those were on the MLS for 6 or fewer days$500-$700KSimilar to above, 5 days out is beating number of houses that went under contract 11-15 days out and almost the same as 16-20 days outCitywide: 2.4 homes were falling out of contract/day in March. 5.8 for Feb. 2.7 for Jan. $800-$1.2Mdown from 5 day increments before, but not significantly and a small data set

Once your accounting has been reconciled, your reserve account will be reset.By doing this, we are able to ensure that we can continue to be responsive and address any issuesas they arise.We are committed to working diligently to keep the same level of customer service during this time ofuncertainty.Sincerely,Your Property Management Company

@Patrick J.BP put out an article with a bunch of great data about about different market returns and I wrote a thread detailing some factors that have driven RE returns based on tier data. 

The widespread shutdowns are definitely painful, but I think things will rebound quickly once we have vaccines, better data, and in general a better understanding of the realistic risks associated with the virus.

Realtors get comp requests all the time from people who probably wont ever buy anything, and because we're not paid by the hour many may turn you down, but find a competent realtor that knows the market well and offer them a few bucks almost like a retainer to run comps and provide market data for you.

I had to go file a deed in person last week in Durham county and now on another transaction the seller I'm buying from is having to go to the courthouse to collect the data the attorney needs to close our transaction.

My main goal is to ensure that I am able to finance the property from my family member.

In commercial, the BRRRR takes longer as most banks won't let you refinance in six months as they want a year or two of trailing data. 

What have you all found as the best strategy to ensure the yard does not go to crap?