Essential service employees continue to work.  

As for the Section 8 program itself, up here in MA and I suspect in nearly all Housing Authorities that manage the local Section 8 vouchers, it generally takes 1-2 weeks for the prospective tenant to get their act together in order to present the paperwork to the potential landlord. 

Also - 3.5% down on a foreclosure, while possible, usually involves some further paperwork with like a rehab loan - as most foreclosures get distressed.

Governor of Pennsylvania ordered to close any non essential business so the title company is saying that closing can’t be done next week.

more and more states are shutting down non essential businesses, highly questionable you can get appraisers, inspectors and surveyors for physical visits so most likely there will be a delay? 

Illinois has just ordered "shelter-in-place," meaning everything is basically shutdown except for essential services.

Denver Public Health says Real Estate is an essential business.

And I could absolutely see Canada post shutting down some non-essential services if things get worse.

What are some essential step In you guys professional opinions should a new investor take once finding a possible deal?!

My question is essentially this, how bad of a deal would it be if I invested the asking price into this property?