I mean, many of these guys can't handle 4 months of no cash flow. 100% rent or 80% rent, they're going under anyway. You might as well get what you can out of them.
That's exactly what I'm saying. If you run my proposed scenario on a hypothetical rent of $10k a month then it becomes "which is greater 80% of 10 or 100% of 0" do you want $8,000 or $0".
"You might as well get what you can out of them." might mean lowering rents.
I think that's the difference. I'm saying they're going out of business anyway and you're going to have to line up with the other creditors. The question is whether you get $8000 for 4 months and zero after or $10000 for 4 months and zero after. You lower your rent and you don't get more because your tenant is going to die anyway. It's a no-brainer.
Sure, if I made it sound like I meant "There is no instance where it makes sense to not eat your customer alive" then that is not correct. I am certain these cases exist.