Too risky to chance with so many unknowns in my opinion. 

Thanks Aaron- it's a tricky one.... unknown territory here!! 

Are there a lot of unknowns with the rehab costs?

I notice a tiny asterisk located next to the "rent" section of the comps and start searching through the entire packet to figure out what that is for.I finally find a small sentence that (in sum and substance) reads: if actual rents are unknown, it is up to the appraiser to determine the rent.

Uber Eats, online jobs, grocery stores, ...).Keep them motivated since it is unknown how long we'll be in this situation.

Today's market is led by fear of the unknown.

Everyone's claiming to be a microbiologist and economist but the unknowns far outweigh the knowns.

The sale/rental of houses and apartments is repeated every year all over the country by the millions, so there are no real unknowns.

Taking the tax hit now spread over 3 yrs with the rates as low as they are vs unknown tax rates 25 yrs from now.As far as taking money out when the market is down - I'm not sure I see that point either? 

But the amount of growth possible from current rents (pre-corona) to market (post-corona) will be tighter spread.Cap rates I think 50-100bps is probably right, but again, depends on how quickly sellers are willing to price in the unknown to attract buyers.