@Paul Durham  Yup, it probably will be a huge event, and no business is going to be totally insulated from the effects of the economic fallout. 

@Vincent Chen I wouldn’t call anything “anything-proof,” however, true vacation rental markets are proving to be more insulated from the effects of recessions thus far.

in that the effects of COVID-19 will hit the C-class assets much harder since most white collar workers are more insulated from this shutdown.

I was on board and put a deposit on one bid for "TPO with 1 inch insulation" for 20K, but now the company were applying for permits and the building division requires 5 inch insulation. 

Better insulated from work disruptions for hourly tenants as many are salaried.My person sweet spotC: Built 30-60+ years ago, Can be suburban or urban, many run-of-the-mill garden apartments.

Insulate yourself by buying at a good discount below market value in case prices fall. 

I would also install sweeps on the inside of all doors on the bottom and redo the insulation (I can't remember the name-but the squishy stuff on the door frame that creates a seal when the door is closed). 

I will probably need about 100K to complete the rest (Insulation, Sheetrock and Interior Finishes).

We've used minsplits in smaller, high end units, but they have great insulation and windows and they are a smaller space.

Given the risk of rental market in B to B- neighborhoods likely struck by fiscal fallout would it be prudent to: A) see if I can renegotiate the selling price to insulate myself more B) Pull out altogether C) Move ahead with what was a good but not great deal.