@Patrick SearsDefinitely still seeing demand as there are still a ton of borrowers who either do not qualify or loan limits are too low that banks do not want to touch them

The problem is that while the federal interest rate is 0 and Fannie and Freddie will continue to purchase these loans, the true reason that the actual mortgage rate would go down is an increase in demand of these loan from the secondary market (increased demand = increased price = decreased rate).Right now, investors are spooked, so the secondary market for these loans has fallen off in demand as people adopt a "wait and see" mentality for this outbreak. 

I think you will find that our current circumstances has created a very opportunistic time to obtain a better return on your investment by purchasing single family rentals.Overall effect of Coronavirus:Vacation & short term rentals have seen a decrease in demand as fewer people are traveling.Interest rates have hit all time record lows allowing for the best financing terms to lock in 30yr fixed rates that we have Never seen before! 

This should make yours in huge demand as there isn't much competition. 

I personally like the C class investments so I expect things to work themselves out just fine and possibly have increased demand as tenants look for more affordable housing options.

Consider asking them to make all repairs, pay for the re-inspection or cancel the contract and demand a full refund of your EMD.Ideally, an extension for your due diligence should have been executed, but this delay was at no fault yours and the sellers never sent you a demand to release your inspection contingency so it’ll be hard for them to enforce given the circumstances. 

If that were to happen, the prices in Idaho could increase with low inventory and high buyer demand as soon as this ends. 

The las crisis was started by an excessive loan defaults and resulted in too much inventory and not enough demands.Maybe this is wishful thinking, but I think with governors helping those with mortgages to avoid being foreclosed, that might keep inventory down and may cancel out the demand as well (people will have less money), if that’s the case, home values shouldn’t drop too much.

If it is an up and coming area with a lot of investment, I am going to assume it is not a low-income complex.Generally, new construction is going to demand a higher rent than existing units, but not always true. 

This will give you a good idea on supply/demand as well.