Will the low interest rates counteract the job loss and recession that is bound to happen?

My best guess-short term-prices will drop for 3-6 months as there will be significant job loss for at least the next month (I believe it is likely to be at least 2-3 months, based on China and S Korea) with all tourism related jobs shut down, and many others as well. 

loss of income?

We’ll also ask for some documentation from their employer to verify loss of wages before making concessions or waiving late fees.

All debt is taken into consideration, especially if your showing losses on your tax returns.

Seeing what the people who do it everyday this about the numbers.Purchase price: 75,000Loan amount: 60,000 after 20% downMortgage: $475 w/ taxes and insuranceRent: 850/monthVacancy loss at 8%3 month reserves set aside plus additional 3,000 for Capex.

We at {our company} are thankfully still healthy but we have already had three tenants report job loss and several others who have experienced reductions in work hours.We want you all to know that we will work with any tenants who find themselves unemployed as a result of the Covid-19 (Coronavirus) disease and (God forbid) any tenants who should contract the disease and must self-quarantine or be hospitalized without adequate income to cover their rent.

In an ideal world I would also be closing on slam dunk BRRRRs, but it just isn't feasible with my criteria and market(Miami) at the moment.

I've been getting a little bummed because it seems like in oahu that's not feasible without a huge down payment.

In the area we invest we know the state/towns are can be counted on to catch tenants up for 1-2 months per year if they fall behind due to job loss or similar situations.