Internal Revenue Service, or (iii) received an Economic Impact Payment (stimulus check) pursuant to Section 2201 of the CARES Act;3) the individual is unable to pay the full rent or make a full housing payment due to substantial loss of household income, loss of compensable hours of work or wages, a lay-off, or extraordinary out-of-pocket medical expenses;4) the individual is using best efforts to make timely partial payments that are as close to the full payment as the individual’s circumstances may permit, taking into account other nondiscretionary expenses; and5) eviction would likely render the individual homeless—or force the individual to move into and live in close quarters in a new congregate or shared living setting—because the individual has no other available housing options.

In the next few months you'll see which "furloughs" turn into actual layoffs, and the likely stalemate from a stimulus standpoint will affect vacancies and collections. 

If they let you go (layoff or fired) you can collect unemployment.

Jesse - dont you want to avoid 2nd mortgages - if the person - no fault of their own - medical emergency, layoff from 12 years of steady employment etc happen - defaults you probably get nothing.?

given this scenario.great tenant.. works in hospitality or some other niche that is suffering and has a temporary lay off.. 

To pay the extra $$ for healthcare, we will have to lay off an existing employee.

There is a chance that everyone working from home becomes more permanent and further reduces that metric (not to mention having fewer employees overall if layoffs/furloughs become permanent).I expect small retail will have some immediate challenges, as many of these smaller tenants simply don't have the necessary balance sheet to survive an extended quarantine scenario.

I just got a call from a tenant that had a temporary lay-off and wanted a deal, her wealthy mother who makes as much as I do co-signed. 

That will lead to layoffs. 

Which could result in layoffs, less hours being worked and such.