I fear this is what makes a recession a depression...I’m just a number cruncher, so what do I know lol.

I understand his concern, tenants share the same, but he should be focusing on mitigating that fear instead of asking for a handout.

I know I will be fine, but up until today most effects to real estate are fears without facts. 

Your seller might be fearful so you can use that to negotiate a lower price, and buyers are fearful so you have less competition.

You can avoid this fear two ways:1.

On the other side of this, and the fear for landlords in a rent strike, is that otherwise able to pay tenants who do have work, unemployment, severance, bailout, savings, etc. rent strike. 

(Some would say that is stupid and dumb, but I am still at my growth stage and not fearful of market drops like we are having now) Now with my added hard asset(s), I'm having a hard time trying to figure out, what would be an ideal ratio, or allocation split, between Equities (Stocks), Bonds and Physical Hard Real Estate, with Non-Traded Growth / Income REIT's?

A lot of people are fearful and may be more motivated to sell a property for a good price.If you wait, the economy may come roaring back and property prices could go up.

If you can avoid letting fear drive your decisions, you'll see there are a number of options. 

Ultimately you’ve got to make your choice based on what works for you and not Based on fear or speculation.