Stories like this give us all reason to dislike local governments even more.Check our www.SayRhino.com  We use this at my firm.

Hi everyone,I though I would repost those 2 ressources that came in today from the government of Alberta in case some of you might not have stumbled onto them yet.

There has been a lot of government subsidization and stabilization efforts in the Wood Lawn area in recent years.

SBA government link for more info:https://www.sba.gov/ 

A section 8 tenant is a great tenant has the monthly rent mostly guaranteed by the government. 

The Government backed loans should really only cost you more both in cost of money and hassle in getting the loan through.Let me know if you need any help.

In my opinion I feel that I am better off being very persistent with collections calls and offering assistance in educating the tenants on unemployment and Government funds available to help them pay rent.

Data Points: Credit Score 780, stable job in gov't sector, one rental property netting $1350/month profit paid in full, one rental property netting $150/month profit with 147k of 162k loan remaining. 

The two forms of assistance the government is offering obviously helps but what are people without income doing NOW?

When I started analyzing the market rents for apartments, I determined by working with housing authority we could receive 50 – 100% of the rents guaranteed by the Federal, State and Local Governments.