Any long-term protracted impacts would have to come as a result of the collapse of some other market which couldn't handle the relatively short-run impact that the virus will have. 

If the deal collapses and I would lose everything, I'm out.

If you get both residence rates AND only 20% down, the next banking collapse won't be far off!

Short of total economic collapse, which our region is usually the last to feel, and major maintenance issues, where am I susceptible to getting into trouble?

We will brace the porch roof, demo the brick, do repairs, and rebuild a new wooden porch.The concrete porch that sits under the old sleeping porch on the east side of the house is collapsing and bringing the sleeping porch with.

I worked as a sub-prime mortgage broker from 2001-2009 and like many, exited the industry with the "great collapse".  

Now throw in a mandatory termite inspection (because the one performed by the original inspector wasn't good enough), a contractor walk-through for a repair estimate AND the post-2008 collapse 3rd party appraisal requirement and we're looking at SIX separate events over three months.

I didnt think it was possible but my plastic wells actually collapsed. 

What is successful greed today could be a collapse tomorrow.Real Estate has many variables when it comes to deals.

The return is good, but I've had some expensive problems too, like sewer collapses and tenants who were subletting and stealing power, etc.