Real Estate Broker · 3412 S. Harlem Avenue Riverside, IL 60546 · Member since 2015 · 6k+ posts · 5k+ votes
5y
@Michael H. if this is a 1-4 unit then you won't need leases I would think. A MTM lease should be ok. Commercial they might want them, but even then you can probably close if you have a track record.
Investor · Clairemont, CA · Member since 2011 · 3k+ posts · 2k+ votes
5y
There is an unstated presupposition in your question; that you should/need to do something right now. Personally I'm not making many changes based on what will end up being a blip in the radar of my investments. I placed a new tenant in Aug 2020 and did everything more or less as I always did. I did have to schedule a couple video showings and I started using an online lease signing tool vs in person...but those were really things I had already considered before all this. I signed a 1 year lease and have generally treated every interaction with them the same as I would have a year ago.