I purchased most of the supplies independently, to avoid paying for more than labor.

Prices drop when there is an over supply of inventory.

You will get your equity in the form of gifts from your tenant (supplying the funds from the rent to pay the mortgage...including principle), and appreciation.If the property value goes down, that rarely drops the rent...at worst, it will stay the same. 

Such a large increase in the money supply often leads to some amount of inflation, but that is tempered in the short term by the economic woes.

Since I don't know what exactly you are looking at I can't say for sure if you are looking at ads where you need to supply your own land or not, but if it is that much cheaper than everything else it seems like a distinct possibility.

This global issue is not like the crash in 2008 and was not directly caused by the real estate market.

They tore all the bathroom supplies from all 3 bathrooms including shower rods and curtains in piles on the ground and put wooden boards on the ground of our tiled walk in showers.

The question is whether there is enough supply and demand. 

We may be entering a period where there is an increased supply of REO properties, so I would do your homework on those and network with other investors who also invest in REO properties in your target location. 

That being said, I think the disruption on the supply side could take longer to restore, which could negatively impact everything, particularly if the outbreak is not contained evenly across the world.