My goals are to become successful at doing Wholesale deals in the short term, but my long term is to employ buy/fix/flip and buy/fix/hold strategies in order to achieve enough passive income to retire from my current job. 

The Hypersupply phase can last anything from 2-4 years before a recession hits.With the onset of this disrupter - the response to the Corona virus -the Fed has pre-empted the actions normally taken during the Recession to try to stimulate the economy but the drivers for this recession are not economically based and so this again skews the normal cycles.The best lens to to try to assess risk is to stay focused on the dynamics of the normal market - prices for multi-family properties are driven by the demand from investors - the competition for the properties is driven by both the desire for the business ( availability of investors) and the cashflow the property can produce in the future - the cashflow is determined by the space market - ie the market for rental space- the rental space market is driven by the employment market largely.

Reach out to all your tenants and ask them what their employment situation is and if it's being affected by COVID-19 at all.

AND HOW DOES THAT IMPACT YOU IF YOU WANT TO REFI THE RENTAL PROPERTY AND BUY ANOTHER ONE - DO YOU HAVE TO MAKE SURE YOU HAVE EMPLOYMENT INCOME COMING IN?

Call their employer and verify their current status before you commit to anything Best of luck!

You got a completed application, copied DL, got paystubs, verified employment, spoke with past LL's, did a BG check, credit check, social media verification all in a few hours?

The bank was confused because I was also the major shareholder so they considered me as self-employed; which I wasn't I reported to a Board.

Compare largest employers in Ogden to somewhere like College Station, TX.Also, there are many other housing requirements created by a university other than student housing. 

However, with proper credit, employment, and nationwide eviction checks, you could mitigate the risk.

The IRS recently provided guidance regarding eligibility under the CARES Act and specified that a qualified individual includes an individual who has a reduction in pay (or self-employment income) due to COVID-19.Distributions:If so, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020.