We had revisit our loan terms and tailor them light of this crisis.

Is there any reason why this would be a bad idea, particularly in light of a potential downturn?

@Lee Breslin many times landlords will be amenable to the situation changing, especially in light of the current crisis we are in. 

Person to person contact is not the only way the virus spreads; most people pick up the virus off objects and surfaces, like counters, doorknobs, light switches.

I am not trying to make light of this but we cannot shut our country down because a much lesser equipped country failed. 

As a new person my approach would be to identify an up an coming area in path of progress (ex along NW & SW Minneapolis light rails being constructed, N Minne along river, Midtown, etc) & max out a low DP owner occupied loan, so get a value add 4 plex with an FHA, occupy the nicest unit with you fam, then self manage the rest.

@Marco Bario In our business model, we keep a certain amount in reserve for operating capital for notes and the REOs with light rehabs.

Such items could be steam showers, bluetooth compatable recessed lighting or smart home features. 

Go to the property mid day (when the sun is at its apex) to get as much indirect soft light as possible avoiding shadows and harsh lightTurn on all lights (including stove top and closet lights) and open up all blinds/window treatments (replace burnt out bulbs, if necessary)Close the toilet lids and open up the shower doors/curtain to show the shower devicesCoil up any cablings (television, internet, phone, etc.) into a neat compact circleOpen up all the doors to show the inside of nooks and crannies and share the size of the closetsInvest in a gimble so you eliminate the rocky video.

I bought a flip property needing light cosmetic work (new flooring, cabinets, counters, appliances, minimal drywall and electric work, smoke smell removing and paint.