I like my W2 job but I don't see myself keeping this high salary forever, so I am thinking of ways to create income streams.

A US Credit downgrade, be it because we simply spend too much, and can't balloon the national deficit/debt forever OR a downgrade because we simply can't agree on a budget in the first place result in the same outcome: rising interest rates for US borrowers. 

@Chris Hall it’s a forever changing learning experience with real estate.

Maybe I could be doing better than just a forever hold - it looks like time to reevaluate and reallocate.

so for rental buyers I think recessions are non events.. and keep in mind with BP so many started after the GFC that's their only experience with a recession and the GFC is more of a great depression than a recession.. you can have a recession that does not TANK the entire worlds economy like the GFC did. and they don't last for ever.. next one could last a few quarters or maybe a year.. 

As of right now, the IRS can go back forever if they audit you.

This landlord will have a black mark on their record and either be denied by all insurance companies forever or pay more forever. 

If you base your life on the news [read:propaganda machine,] you will forever be standing on the curb watching the cars go by. 

If I could do it all over again, I'd probably have got a du or tri plex but I am happy with mine and plan on holding forever

Some courts may be closed but many places allow filing evictions online which is what I would do after having a conversation with the tenant (via letter) indicating that there are no free rides during the covid event and if they don't make arrangements to pay, they'll be evicted and a judgement will be sought in court which will follow them forever until they pay it.