I'm sure there will be a lot of great options considering the current economic realities.

The Seller is full of it and is using this crisis to try to back out.

In the spirit of friendly helpfulness of our community, I'll share some general tips that may help:1) Look for a city with a variety of economic pluses including: a diverse employer based (i.e. no one or two major industries dominate the market), a desirable climate, easy access to nationwide transportation (airports, interstate highways), low overall crime rate, growing demographic of younger families and singles.2) Find off market deals. 

I'm not an economics major or pretend to know a lot about the economy but since wanting to get into real estate investing I've been studying the market and the trends.

Even though the quarantine isn't fully lifted, most industries are currently struggling there due to lack of demand, except when it comes to real estate.https://www.mansionglobal.com/...Very interesting article, I think lots of transactions were in pause and finally went through, IMO regardless of the economic outlook we ALL need to live somewhere buy or rent.  

That's been the challenge as well is understanding the impact of the COVID crisis on the buying/selling.

Does anybody expect, with the current economic crunch, that FL real estate values will drop significantly, even half of what it did in the late 2000's? 

An old proverb states " in every crisis there is opportunity".

Right now I'm actively sourcing self-storage opportunities in the $300k-$600k range...not sure a syndication would make economic sense at that price point.

  (3) The potential dip in values due to the economic fallout of covid-19 this year (if it happens) would likely not give enough time to recover to today's offer price before the balloon payment comes due