I can't imagine the person(s) who followed the BP mantra of BRRRR until your face turns blue and have no equity in any property and cash flow $200 a door....oh and in a C area.

You guys are so doom and gloom, come on man, the fed (that caused all this btw) is going to save EVERYONE, Banks, credit unions, trust and mortgage companies, investment banks, underwriters, brokerage firms, hard money lenders, stock speculators, the airline, auto, restaurant,hotel, bar, retail, casino, and travel industries,money market funds, the repo market, the global fx market, the stock market (direct purchases soon), the bond market, the derivatives market (oop's sorry ronin capital), consumer spending (helicopter money only 3 weeks away), your local bowling league and oh yea, air bnb.Don't worry the largest financial event of our lifetimes, BY FAR, will be over in a jiff and you will be rested and ready to get back to work!

Would it be worthwhile to look in cheaper markets, such as areas around Cleveland, OH, or shoot for some higher priced areas closer to the top of my budget?

Right now we are not there just yet in Ohio, but probably is coming soon. some of the larger counties in our area have shut down evictions but other counties still operate.

I didn't expect the market to drop so much so fast... oh well.

@Kenneth Garrett oh I didn’t see this one!

Here in Columbus Ohio, I cold call alot of property owners seeing if they would ever sell, about 1 in 1000 will, but its all it takes.

LOL Oh, and no, wholesaling is not investing.

I have a feeling you’re going to need it.you know those giant flags waving out in front of hwy truck stops etc.. this is one giant RED FLAG for this landlord  Oh Vey  

, OH?