Forcing appreciation gives you some extra equity insulation from a drop in prices, or if you would rather be more aggressive it allows you the ability to cash out the extra equity via refinance or 1031 to redeploy it, but this also has added risks, there is no free lunch.Conservative financing, with lots of equity and cash flow margin for error, and cash reserves is another key ... in a downturn the quality of cash flow is every bit as important (I'd argue even more important) than the quantity ... what levels of margin are appropriate depends on the quality of the asset, which directly affects the quality and volatility of cash flows; a class B property will tend to have lower initial cash flow but more steady and increasing cash flow than a class C property ... judging adequate margins of safety is the really tricky part, because not only do you need to factor in quality as stated above but also what may be perfectly adequate in a "normal" market may be grossly inadequate in a downturn ... and yes, cash flow is affected in a downturn, it is not somehow magically immune; rents may not go down, but they very often do stop.

I guess Keith's argument might boil down to the mantra: minimize equity and manage risk through adequate reserves/insurance.

I am guessing here but I think that fact is at least in part attributable to lost income from lost work or lost work due to inability to find adequate childcare and therefore these families need to stay home, lost income from illness related to COVID.

There are so many issues but adequate off-street Parking is one of the biggest problems we have found.

I tend to believe in the climate scientists, who say that as the world's temp. gains 1 degree celcius, which say isn't too far off, in years; then they say that most of California will turn into a desert, without adequate water.

Also, I have to disagree with Amy above about having 6 months reserves per property. 3 months is adequate.

if she's month-month and you provided adequate notice,  it would seem you are OK.

I live in a humid place, and while all my rentals have more than adequate ACs to stop this issue, my primary home is a historic sieve-like vapor collector which laughs at the AC.  

Finally, it wouldn't be too much of a stretch to sue BiggerPockets itself for failure to provide adequate forum moderation, leading to a degenerative culture that has caused significant emotional distress to you. 

Okay if you want to file a lawsuit in America you have to prove adequate psychological, physical, or financial harm was done to you.