Jason you are totally right about the prospect of collecting back rent, forget about it.However expect announcements from various state governments to offer rental assistance, in the state of Washington the coalition of housing providers (several statewide associations) have been working with the governors' office to roll out such a plan.

Also, if your buyer goes rogue, he can cause major damage to the property.If you decide against taking this risk, you should enter into a purchase contract without transferring the ownership, obviously with an attorney's help.

A misbehaving dog can tear your house apart causing thousands in damage (I learned the hard way) & most tenants would just run instead of paying you to fix it.

Here was her response:"In any shutdown due to a scare or pandemic of coronavirus, there would be no requisite direct physical loss or damage to the insured’s premises to trigger the coverage."

May take a while but I see it as probable considering the damage that our economy is suffering and expected to continue to suffer.

Can you take the damage out of their deposit?

********************************************************Update after work start: (ADDITIONAL ISSUES from PM)Vendor was out yesterday and today, and they started to dig and clear out and found there is more damage in the line then they had previously found.

Look for Organisational skillsProperty management is a juggling act that requires proper organization, scheduling, and priority setting.If your PM isn’t organized and detail-oriented, then you could end up with unsatisfied tenants, property damage, and costly fines.Evaluate their organizational skills by learning about their procedures for key aspects of property management like rent collection, tenant screening, maintenance scheduling, and addressing tenant issues.

Kyle J,I put photos in the lease document, and then I added pictures of the damages that were made by the tenant who moved out.  

There are foundation issues, minor termite damage, slanted walls and floors, and electrical issues to name a few.