Thank you in advance sorry if im ranting im just stressed. 

The work is hard and stressful. 

Are you still happy in 10 years you did the deal...or will the stress of that situation or financial impact be too much that you never do another deal?

@Joe Splitrock I thought getting the property was a little stressful lol.

Being a first time homebuyer can be overwhelming and stressful as it’s a large purchase.

It took a month and half to complete, listed it online and had quite a few requests and had it rented by Jan. 1st at $899 per month which was above my rent projections.and then apt#2 moved out end of Nov2020 but this time gave me a notice. 2 vacancies at the same time was stressful as hell because before hand everybody was saying they want to stay but I had to stop and realize this is actually part of the plan and a great thing because if I only buy value-add Apartments because it creates equity and if value add is a function of improving the income then I can only buy a property if i can improve the income.

Numbers for June have been finalized and preliminary figures for July have now been made available.JuneThe unemployment rate fell to 7.3% in June. 87,500 positions were added, with only 43,000 workers entering the labor force causing the unemployment rate decrease.

With it being a 5-plex you cannot qualify for an FHA loan or any other type of loan that would allow you to decrease your down payment.To answer your initial question, no it is not a bad time to purchase small multi family units.  

The appraiser said that it could be responsible for some of the decrease.

That would definitely decrease the cash bleeding, but it seems like I will not be able to achieve positive cash flow if I refi remaining balance to 30 years under current market climate, unless the rent goes back up to $2000.