To be honest I don't know if they'll drop, I'm naturally curious what the general perception is.

@Melissa L Holloway, I am not of the perception the world is coming to an end. 

Like I think my question is, have the distressed sellers been sophisticated enough in the past to start cutting price aggressively and getting creative in this environment?

It is perception and is highly manipulated by the media.

Effectively this is what they said, "the land market trails the SFR market trends by about 6 months, don't buy the cheap land <5k sales price because those buyers dry up in economic hard times, the more expensive land 10k-50k sales price is the sweet spot because those are your more sophisticated buyers who have the funds to put their cash into land."

3) I am not very sophisticated with SDIRA, but understand the premise of do's and don's with it along with the tax advantages of using the money to potentially get into a deal and that portion of capital gains would go back into the SDIRA as a "retirement vehicle".

As many have posted above, once VIX settles and the virus fears are over feel free to buy whatever your heart desires.To my more sophisticated guys out there i would advise you to drop whatever you are doing and go back and listen to the past 2 months worth of Macro Voices podcasts.

This is the low end of a hands off ADU other than converting existing living space.The more sophisticated value add people are still leveraging non-optimized zoning. 

So far no issues.I work with people all over the country and what I am hearing from them is their less sophisticated investors are pulling back and the more sophisticated investors are full steam ahead.The issue I see right now is it’s a bit too early.

When you provide more windows it visually makes the interior space feel bigger because your depth perception goes to the outside.