How will you all be handling the situation if your tenants come to you saying they cannot make this month's rent due to COVID-19? Either if they have had reduced wages because they can't work, have a loved one who is ill, or they themselves are ill? I was thinking I could extend the grace period 2 weeks. Will that be enough time? I figure they can borrow from parents (both have active parents in their lives) and/or if they get a stimulus check, they should be able to cover rent. It hasn't happened to me yet but I want to know how to respond if it does. Of course, I would let them initiate the discussion rather than me bringing it up to them.

Thanks in advance for the responses!