They are most likely going to receive over 100% of their normal income thanks to the stimulus (unemployment plus $1,200 stimulus checks).

How are you thinking to fill the apartment if the normally targeted person is not willing to/can not rent it for the meantime?

It's not business as normal so shore up your options now.

The biggest risk to your investment right now is probably running out of cash before things return more to normal.  

Hey Mike,Normally, I like to layout timelines for BP forum members and step-by-steps as to how to go about things.

All storage tanks were full and dropping normally.

Using 10% is pretty normal for most of us but it's up to you.

Realizing housing markets will be hit in a few months to maybe even a couple of years, I believe prices will eventually return to normal. 

My thought is that it helps me hedge more loss than I would normally be exposed to. 

Law firm advisories to banking institutionsA little context: in normal times, any loan modification is considered a "troubled debt restructuring," which is a negative on your credit score.