This is a very dangerous variable to play with at this phase of the cycle, though, in my opinion, because it is typically these further out and less desireable neighborhoods that get hit the hardest in both price and rental vacancies during a downturn.

This was the law already, but the bill reconfirms it.Prohibits penalties or negative credit reporting if the tenant provides notice and documentation to the landlord that the non-payment of rent was due to a financial impact from COVID-19.Features as to foreclosuresApplies only to owner-occupied residential properties with 4 or fewer units.Prohibits mortgagees from taking steps to foreclose.Requires forbearance (the restructuring of mortgage obligations to defer payment)for not more than 180 days without penalty;if the mortgagor submits a request to the mortgagor’s servicer affirming that the mortgagor has experienced a financial impact from COVID-19;deferred payments are to be added to the end of the term of the mortgage.Prohibits negative credit reporting for payments subject to forbearance.

Also as rates go up fewer people will want to sale and take on a higher rate.  

My understanding is this is what makes it dangerous. 

I would like to acquire 5 or fewer properties and pay off the debts as quickly as possible.We are living in what will be our second rental now and I'm feeling a little stagnant.I would like to purchase a 3rd property but there are a few factors holding me up, one of them being fear.

I have established, written policies that ensure we are prepared for almost anything and all my employees can answer owner questions/concerns without hesitation.There are companies that get too big and lose the personal touch but there are also companies that are too small without experience, established policies and procedures, fewer protections/features, etc.

Bailing out banks creates moral hazard, sets a dangerous precedent, and can be costly for taxpayers.

I'm not a tax pro but if you sell your home in Brentwood as your principal residence you will most likely pay way fewer taxes than if you sold it next year as an investment property, which would enable you to hold onto the cash for a bit and make a smart decision as to what to buy next.  

As long as it stays in place, you are in no danger. 

Lastly, when considering how many properties you want to exchange into, bear in mind that if your total number is three or less there are fewer rules and regulations for you to abide by - so keep this in mind!