While I’m in much better shape now, it’s impossible to predict how this will play out.

From personal experience many seasoned investors, lenders, who were around for other economic downturns of the past will still be pursuing deals as it comes down to will you make the decision to take the available opportunities with the risks on the table or play it safe and not.

I know when I posted this question 3 weeks ago 75% or more of the responders were of the mind if their tenants don't pay its not their problem.. they are running a business not a charity etc etc.. well I guess we will see how it all play outs. what I am coming to realize is that a lot of landlords that are worried about paying their own bills  APPEAR to maybe not have taken the advice of many and have proper reserves that you dip into during this type of situation. 

I dont think this tacking on two past months onto rent payments will play out how some landlords here think it will.

Following the play book on something like this can be worked through.  

Then you also have the curb and curb size as well as traffic count that all could come in to play.

I'll have to be more conservative in the rehab projects I take on until I'm better at estimating and I have more free cash to play with. 

If extending it is the right play for you (risk wise) then I would find a way to sweeten the deal for the sellers, otherwise where is their incentive to play nice and let god knows what happen to the property in the next several months knowing its vacant.

I can see 2 ways this plays out: 1) RE falls significantly 2) RE holds its current value. 

Another possibility, would the seller consider pushing closing back a couple of months to see how this all plays out?