Only advice I would give is to never give rent reductions.

@Kim Durst Actually, as long as the cash out of pocket as opposed to it being baked in the price is not a problem….I would Much prefer to take the price reduction and fix it myself.

In fact, since I've started real estate investment, I negotiate more and more things and in increasingly creative ways.I've had people ask for sometimes large reductions in rent and I've just politely declined, but if I couldn't fill the property, I would reconsider. 

The State ordinance states that residents can defend against eviction in an unlawful detainer if their rent debt accrued during and because of the COVID-19 pandemic continues to remain unpaid “because of a substantial reduction in household income or substantial increases in expenses.”Under Oakland’s ordinance, even if residents can’t pay rent due from now until May 31 for months or years into the future, they still can’t be evicted for non-payment of that back rent if their non-payment is due to the COVID-19 pandemic.Unlawful detainer cases have already been suspended statewide until May state-wide.Comments?

About 15-20% have asked for a reduction, termination or payment plan. 

The provincial government has postponed it's rate reduction plans for 2021 due to financial impacts of the pandemic, but will hopefully get back on track in 2022.

The more money you make the more tax reduction benefits you will want.

@Sriram Kumar Bikkina, I also consider depreciation to be akin to cash flow, so if my actual cash flow is zero or a little above that I know I’ll be gaining more income reduction benefit from the property and the loan gets paid down over time.Not sure about Canadian laws, but here in the US we can do a cash out refi and pull the money out tax free.

Most professionals that I interviewed had no idea how to implement strategies for REI tax reduction and did not share my vision for growth and eventual retirement.

Is your plan accounting for possible reduction in usable land to handle detention and/or water quality treatment?