Up until recently, the laws were reasonable and applied more or less fairly with a slight to moderate bias towards the tenant (the landlord-tenant courts are conducted by magistrates who are ultimately answerable to judges but who, in 99.99% of the cases, are the final word, and have a tendency - if given any sort of excuse - to rule in favor of or at least grant a continuance to the tenant). 

I dont buy 4, 5 or 6% old fashion returns as the numbers do not consider the risk we are getting into, which is to have longer vacancy and bigger rotation.  

I mean really, after this virus, what investor isn’t going to appreciate good old fashion government guaranteed rent.

Period - end of statement.While certain tendencies have been noted, the extent to which any individual will be effected is entirely unpredictable.

Then take into account the global economy also interacting in a similar fashion at the national geo-political level.... 

I believe 5% is arbitrary or part of their much larger context regarding diversification, as I frequently see figures like 5%-10% used when discussing the maximum amount of your portfolio that should be invested in any one stock, sector, asset, asset class, etc.Another thing to realize as well is that followers of Dave Ramsey and followers of BP seemingly approach saving and investing in very different fashions but both can work and provide growth and financial stability based on the the person and their situation.It's up to us to determine which school of thought, or combination of the two (or the countless others, for that matter) is the best fit for ourselves.

We maybe old fashioned BUT how about owning your own home free & clear.

I know I have to fight the tendency to justify investments by this rational so I’m not blaming anyone.  

So it comes down to good old fashioned homework eh? 

Any philanthropic tendencies should be separate from a business/profit  perspective.