As part of his letter to confirm the move out date, he specifically mentioned that he is waiving rights to part of the security deposit as they are breaking the lease.My tenant also helped with showing the home to prospective tenants and finally, I approved one of them after the background check and all.Now, he is coming back and saying that he spoke to a lawyer and I should return the security deposit as I rented the house to a new tenant right away.

There's a empty property available due to death in the family and the sister is the power of attorney how should I structure a letter to send.

Question:  So what is each partner's carrying cost of the investment? 

Can I hold off on sending the letter until the very end?  

Don't work for Chase, but I will say the were able to run the application and get me a pre-qualification letter in < 8 hours on a weekend. 

Do you have enough resources to help carry this property for while?

Call the judges office ASAP and get that judges policy for eviction for non-payment and follow it to the letter. 

So I warned that landlords of working class tenants better build up cash reserves.Our game plan, when the tenants cannot pay, is to carry them, and have them pay 110% every month, once they're able to get back to work, understanding that if the lockdown lasts three months, it may take them two to three years to get back into good standing. 

Multifamily carries economies of scale but with site work, stormwater, time frames and other costs associated with larger multifamily its getting more expensive and more difficult to make it work.

@William C.Follow up in a week with an all tenants letter indicating (as suggested above) safe neighbourhood, anomaly, crime stays for your immediate area etc.