The parcel was in the country and the city basically said no way.

Yeah its crazy when you see half way across the country you can buy a board-up house for so much less but how do you manage something like that on your first property from halfway across the country with zero experience? 

The other side to buying in almost all of CA right now is that evictions are not possible by any means, never mind rent control on top of it, but if you are adopting tenants in a 4 unit its not likely going to cash flow, and unless you have the ability to do cash for keys, and you have tenants willing to move then its another hurdle to cross. 

@Jeremy DavisVegas will definitely be probably the hardest hit market in the country from COVID-19.

Are others persuaded by the argument, made by @Jason Hartman and others, that the pandemic will accelerate the trend of people moving away from high-density living in the biggest cities and into more single-family homes in the middle of the country where prices are cheaper and the risk of a virus spreading is lower?

That said, you should understand the risks to your local market as real estate is local and not all areas of the country will be impacted the same way.

Of course your primary mortgage would be forgiven ( if you owe money) and you might get partial relief from your rental property mortgage through a government fund ( I’m sure minimal paperwork).The bill would require full payment forgiveness, with no accumulation of debt for renters or homeowners and no negative impact on their credit rating or rental history.This bill should obviously be a nightmare for anyone owning rental property which is pretty much all BiggerPockets users. https://omar.house.gov/media/press-releases/rep-ilhan-omar-introduces-bill-cancel-all-rent-and-mortgage-payments-duringIts a nightmare for everyone in the country - Not only should the landlord be concerned. 

Kinda part of the whole leave your country and start a new legacy over seas in the land of opportunity thing...

For example here in Denver, CO, my cash-on-cash will be lower than lots of places around the country but if I can cash flow positive around $100-200 per door per month, that's killing it!

Don't blame your agent, blame the governor for making us one of only three states in the country which have considered real estate not an essential business.