So, again, I began to think outside the box a bit.Washington, D.C. is one of the biggest tourist cities in America.

For me this is a major concern if not the biggest short term risk.

Fed fires it's biggest bazooka shot in history and futures DOWN!!

There really isn't much downside, if you're at a brokerage that doesn't have many fees.

The biggest Challenge was doing $30k worth of work ourselves when I was still working a 60 hour a week job and my partner (Girlfriend) lived 2 hours away.

I'll add that the best way as a beginner to mitigate risk (there is always risk in any asset) is to educate yourself and look for downsides.

Now, one of the nation’s biggest banks is joining New York in stating that borrowers can pause their mortgage payments. 

I am floored by all of this, what are the biggest pitfalls I need to keep my rose-tinted lenses open to seeing?

I locked in a 30 year fixed rate of 3.625 % with 25 % down (mortgage payment of $417/month), which I am very pleased with.One of the biggest draws about this property was that it was already rehabbed / "rent ready". 

Yes, I am reviewing a dozen or so leases, biggest impacts are on retail/restaurants which are forced to close by Texas declaration.