With the passage of the CARES Act and the payroll protection program, the federal government is setting aside funds for the Small Business Administration for banks to loan up to 2.5 times your average payroll for the trailing 12 months.

This following was at the top of the form.The addendum would basically add 14 days to the contract deadlines if there was a COVID related shutdown or quarantine delay.I felt it was in my best interest to sign this in to protect my earnest money deposit.The seller refused to sign saying it was too vague but they would be willing to work with me if anything came up.Understandably this is giving me some concern. 

Do I have any obligation to my tenants as the landlord or are debt collectors protected by the Fair Debt Collection Act?

You could reach out to the escrow agency if your agent is playing around with you.Personally, I would tell them to go pound sand and protect my cash and find a new agent.Good luck to you!

@Tyler CagliaThis is like asking to describe everyone's personal practices in protecting against the virus.

This is downside protection.2) Security Deposit: In the event of eviction, the landlord can keep the security deposit as collateral rent and damages.

"Took a deferment" is not a protected class like "race" or "religion" or "gender." 

Last night the Mayor signed new Renters protections that the LA City Council passed.

Wells fargo has almost no cost of capital but a huge infrastructure, so they are GREAT for big acquisitions but bad for small players to deal with.Smaller banks are more expensive but they become much closer to partners then lenders because their success is much more closely tied to your success.now if we are just talking Fannie Mae loans that can be issued by absolutely anyone then a local investor friendly loan broker is your best bet. 

I can see an operator suspending distributions to stack cash as necessary to protect the integrity of the deal