What advice would you give about safety or if this is a good idea?

As far as your other Q's:- Not a lawyer, but I'd work on being a good landlord (fixing all health and safety items), having a good liability policy, using leverage, and having good umbrella insurance before getting an LLC (they can be expensive)...

So if cashing out today at a relative peak, and being armed with cash for when more options are available, would it not put us in a better spot then leveraging more now or doing a like exchange for more property that will most likely decline in value in near future?  

It was a huge challenge to get ahold of all of our tenants and email them to ensure safety of their belongings.

What happens if you God forbid you break an arm and now cant work on the flip you had a investor buy and now also cant work like normal?

To go on the market, buyers are going to want those to be relatively new and definitely in good shape.Once you're armed with good information, and taking into consideration your parents' situation, you can then help them to make an informed decision. 

And for good measure, they included a provision where each man would always have the right to keep and bear arms.

Armed with that information would you try to lower the offer or seeing its already a wedge deal just grab it before anyone else?

The knowledge we gained was priceless and we are now armed with the tools needed to tackle another project.

I know we are overwhelmed by information, analysis, theories and forecasts, but I thought it could be helpful if I provided a list of sources recommended by Wharton.Johns Hopkins Coronavirus Resource Center: https://coronavirus.jhu.edu/World Health Organization: https://www.who.int/emergencies/diseases/novel-coronavirus-2019Pew Research Center: https://www.pewresearch.org/topics/coronavirus-disease-2019-covid-19/International Monetary Fund: https://www.imf.org/en/Topics/imf-and-covid19World Bank: https://www.worldbank.org/en/who-we-are/news/coronavirus-covid19Bureau of Economic Analysis: https://www.bea.gov/United Nations: https://www.un.org/en/coronavirusAir travel: https://www.iata.org/en/programs/safety/health/diseases/Brookings: https://www.brookings.edu/topic/coronavirus-covid19/Peterson Institute for International Economics: https://www.piie.com/American Enterprise Institute: https://www.aei.org/2019-coronavirus-coverage/The Conference Board: https://info.conference-board.org/kW06r0x10PK00BWZbS0Og0ZBe safe and please reach out if you have any questions,Jared