Tenants who have been approved for unemployment are automatically authorized Section 8 vouchers with online verificationAt the end of the year landlords will receive a 1099-MISC for each property for the amount of rent received which is totally subject to depreciation.At the end of the year tenants will receive a 1099-MISC for the amount of rent paid on their behalf and subject to their tax bracket.This can all be set up online, is totally verifiable, and efficient.When you no longer qualify for unemployment, you lose your section 8 and landlords only qualify for rentals that have unemployed tenants and not those with the ability to pay.Again this can all be done online and is simple for both the Landlord and Tenant to understand.It is also the correct way to do it by the Internal Revenue Code.This SBA Loan program is a complete sham and is being run by the BANKS under guise of the DEPT OF TREASURY.I would get a lawyer opinion before I would do this, because not only are you going to go bankrupt you are going to wind up dealing with the bank secrecy act and treasury regulations in addition to the IRC.WARNING LANDLORDS YOU ARE PLAYING WITH FIRE IF YOU GO THIS ROUTE. 

If you're comfortable with the long term play, have some long term hold experience and are confident/comfortable in these questions, I would continue with your plan to hold and rent.

Play ball or the phone stops ringing.

I am thinking this will be a fair way to give more relief to the better longer term tenants, and does not require me to have one to one  conversations, reviewing evident of hardship, and making case by case decisions that may come back to me as being unfair treatments and playing favorites.To me using the last month's rent plus a rent credit may be something that can hold people over several months plus it's an incentive for longer term tenants (which are typically better tenants) to stay longer.

Most investors are still playing by old rules.

Barring some truly cataclysmic event that makes coronavirus feel like a fender bender - like Miami getting nuked or dollars becoming as worthless as Reichsmarks in Weimar Germany - there will be demand to live and play in South Florida. 

My friend buys the note at like 50% remaining value.I don't really like note plays for just extracting yield on them I would want to eventually own the dirt if it came with real estate.

You are being played like a fiddle.

You can shoot the video wearing blue gloves, a bandana, or mask too to play it safe.

Next option was a mobile home..I only have 50k to play with, I have thought about various things, but 50k won't get far in the commercial world..