I have been reading many articles on BP about the affects of COVID-19 on the real estate world and i can sense the concern of the real estate community from not receiving rents, sales are at a stand still in some places, and the concerns of a market crash.

It best to just have a condition in the AP&S that states something to the affect that the Seller will cooperate with the buyer to obtain a building permit and work with the buyer pertaining any documents involving the committee and CityNot a bad idea to also have a clause in the contract allowing your surveyor access onto the property as you will likely need a topo survey to start building plans

You are repeating the same myth 100 other people who never owned any rental property in Vegas during the Great Recession heard somewhere. 

Or is bad idea to buy something already done and live in it for a year and then rent and repeat?

Same has shockingly had almost no affect.

I spoke with them today and they were affected by the pandemic but now getting back to normal.

If you want to know how it would affect your portfolio, you can check berekenhet: https://www.berekenhet.nl/sparen-en-beleggen/voorstel-hervorming-box-3-2022.html.

Also I just signed a 2 year lease on an apartment in NYC will that affect anything?

How is it possible that paid off rental that brings in 5K per year is negatively affecting my debt to income ratio?

Was your 1031 exchange transaction affected by the Coronavirus?