Every financial planner would indicate this. 

For example, if you got a job out of state, that would qualify as an event to be owner occupied for less than a year.  

I've not noticed any price reductions yet in this area but it's so soon in the "event" that most of the properties closing now  were put under contract before the crap hit the fan.

I plan to do this when I purchase my first property in order to protect my other assets in the event something goes wrong.3.

Be Ready For A Market Swing At Any Time“Anything that has more upside than downside from random events (or certain shocks) is antifragile; the reverse is fragile.”― Nassim Nicholas Taleb, AntifragileNo matter how well-run your business is, we are in a globally connected world.

You just want to be sure that you incorporate some type of liquidity event (refinance or sale) within 5-10 years in order to return all of the investor's capital because no one wants their money illiquid for too long. 

-Attend local meetups - meet wholesalers, investors, and other RE professionals Check Events for info on upcoming meetups.

While I get that people are stressed (especially those who have cut hours and even job loss) it's also a time to make things happen in those events. 

My Motto is "always be fearful the economy when times are good is always fragile and could be taken away with a single event.  

Here are two custodians my financial planner suggested for me.