Meanwhile life can not be 100% grind.

After recently getting back to work on the real estate grind, I'm torn now whether to pursue fix and flips or pick back up on note investing. :)

Also, a developer did a small subdivision on Catalina Island using modular because getting materials over there was too difficult.Other positives about modular, is that the locals liked it because they don't have the construction traffic and noise for extended periods while house is under construction. 

My comments here pretty much apply to all small landlords, not so much the large corporate complexes where noise and animal waste can be more of a problem.

@Lucas Carl I understand you want to ignore all of this as the economy grinds to a halt, and that’s fine but to assume there’s no way to predict any of this and how it will play out is just wrong.Using past data, current data and some basic math you can see how it will likely play out.

If it grinds to a halt ( which it's 90% there, except for shipping goods )  and it's turned off for weeks, if not MONTHS.. you can't just turn it back on at full power like a gas engine. 

The reason this matters is for things like utilities - they may use a lot more water, if you're paying for water, they may fill up the garbage cans to overflowing, may put a strain on septic systems, parking problems, noise, etc., etc.Sometimes, you can get around an occupancy limit if your building just can't handle a large number of tenants, but you will need to be ready for fair housing to call you on an ad or rejection of tenants and have your reasons clear - age of the pipes, size of septic, size of parking lot, whatever.

So the issue here is noise and how that noise is affecting the right for peaceful enjoyment of your other tenant.  

If college students are going to cram 5 full-sized adults in a 3 bedroom/2 bathroom home you'll get a lot of wear and tear, parking is a pain, noise complaints in a family neighborhood, the occasional kegger, etc.

And it's infinitely harder to kick out a tenant for breach of lease agreement - say for excessive noise, or guests that scare your other tenants, etc.