I got a loan recently from a portfolio lender on a house that was hit by hail during the escrow period.  

Makes it difficult to ride my jet skiis.

The same person who will tell you not to buy the property because of coronavirus concerns will also slide ride past you and pick up the same deal after you drop it.

Perhaps there will be another wave of the virus in the fall, but if you've got adequate protections and a backup plan in place, like that 12-month lease Roni mentioned, and you get some tenants in place between now and the next semester, barring any other issues that might arise in the normal course of business, you'll ride this wave with the rest of the student rental community and along with all other investors in your region.

My thoughts --our state seems to have a good reserves so we can and should ride this out for at least the remainder of the year if need be but it may make things tight.

My current plan is to ride all this out and pick up units when they go on clearance. 

Maybe they want to deleverage a little or pump the brakes on a series of acquisitions, but to press the eject button when hysteria is more widespread than measurable data could be even more costly than buckling in for the ride.

It certainly will - just gotta ride it out and stay positive.

Riding out waves like this is key! 

You hold, then ride out this turbulence, then you should be okay.