Unfortunately, I was just notified by my employer I'm taking a temporary (5 month) 20% pay reduction because of the impact COVID has has on my industry.

Would the loan impact that LLC?

We haven't really seen the impacts trickle through the real estate market yet, from my perspective.

While there are certainly individuals who are being impacted, and it can be hard to see people going through tough times, this is not a crisis in most rental markets. 

@Joseph Belgrad - credit inquires have a very minimal effect on your score (according to myfico it makes up less than 10% of the score) and that small amount is more than offset by having a proven history of paying XX amount of mortgages on time each and every month.My credit is being pulled routinely and I have not seen a negative impact on my score.

My understanding is that if you restart your payments and stay current, it shouldn't impact your ability to refi in the future.Most of the terms you posted don't look all that crazy.

Be sure to align yourself with the right team...LO, Realtor, CPA, Attorney, etc...it can make a huge impact on your success or failure.Hope that helps! 

Does anyone have any experience on how this impacts rentals? 

Its also perhaps the region least impacted by covid with a predominantly white collar work force.

How would losing $17k impact you?