There will never be a shortage of people living paycheck to paycheck that need a roof over their head.

This has since changed and there is a bit more building going on in pockets like Dwtn LA but for the most part there is a severe housing shortage even if they approved every single permit today. 

With 20% more inventory there is still a severe shortage of SFHs.

Stick to Southern California because there is an acute housing shortage. 

I agree SFH are more risky for investors based on your two points, but we are in a prolonged SFH shortage, and homes are the gold standard of rentals so only the best creditworthy people should be renting them. 

In portland there is such a shortage of housing your tenant base is really pretty strong..  

There is a big shortage of housing still because there was little building during the crash years . https://la.curbed.com/maps/koreatown-map-development-construction-new-buildingsPrices in any market can’t keep going up forever either though , but the thing is in the L.A area the most prime areas , like the areas by the beach Santa Monica and the westside didn’t really go down much , it was more that prices stalled or went down modestly.

There’s a huge housing shortage and a crazy vacation rental market which keeps investments and property values high and ensures we never have vacancy.

At least NY State has a guideline on how to allocate the ventilators in case of shortages, Italian doctors are on their own making decision on who to treat.https://www.health.ny.gov/regulations/task_force/reports_publications/docs/ventilator_guidelines.pdfState of WA already closed all the schools for 6 weeks starting Tue Mar 17 (I am sure other states will follow), which means some of our tenants won't be able to go to work if they have small kids at home...I am worried about paying mortgages for my rentals because this won't end at least for 2 months, and up to 4-5 months.

People want to get out of renting.. rates are low.. they move for jobs etc. there is a shortage of SFR's in certain markets so demand is still strong.