Buying right now during covid-19

[Brock Best]

I’m hesitating on closing on my first property, a small duplex, right now with how the Coronavirus is continuing to spread. One unit is occupied by a very good tenet. The other unit will be vacant by the time I close, if I do so. Is it worth using my reserves for several months to cover part of the mortgage before getting a new tenant in place until this pandemic is over? I have reserves to cover about 7 months worth if for some reason I had to cover the whole mortgage. But is it worth the risk buying if I have to drain my reserves? It’s a small property. Only $60k mortgage so my expenses are low. But is it worth the risk at this moment?? Just nervous because this is my first property. Anyone’s thoughts would be great to hear. Thanks everyone!