The planet did actually go through this before in the modern era, the 1918 Spanish Flu Pandemic that spread around the world. 

The past few weeks have, undoubtedly, been some of the most life-changing weeks we’ve seen in modern times.

Organized modern capable and very reasonably priced. 

There the people with good business skills, an understanding of modern marketing strategies and tactics, sales ability, management skill, industry knowledge, local knowledge, construction knowledge, and the basic business requirements like dedication, persistence, and analytical ability.

We are able to modernize and automate these facilities, so they run on autopilot, giving us monthly passive income, once they are at market occupancy and stabilized, it is the best asset to own. 

With all that's going on in society right now, be extra careful to screen screen screen your rental applicants, and do so beyond the standard credit/background checks, especially since here in Chicago eviction courts are shutdown.

As a society, however, most of us are complying with most of the government mandates.

Both times we have seen massive devaluation on the stock market, unemplyment and a general feel of depression in the society, but real estate values improved significantly during these periods!

However, states can sometimes have differing rules on how to define FMV according to the situation, for example if an appraisal is being carried out for the purposes of determining FMV on an estate sale or a divorce sale then the state has to follow statute or precedent specific law for that state - however in a straightforward residential sale it normally is 6 months, If you wish to challenge the appraisal I would suggest you contact the ISA - International Society of Appraisers - https://www.isa-appraisers.org/aboutThey will be able to help you.Hope this helps.

With a 165K rehab budget you could do a modern contemporary smarthouse and get north of 450K if finished right.