But between State of Florida putting a hold on evictions and moving targets on opening up the economy again, I've opted to pause for now to see how it plays out. 

That's how I'd play it as a lender anyway.Furthermore, it's a bit unclear how the depreciated value here comes into play.

I'm lucky that full time job allows me to WFH so that's taken up a big chunk of my time, but for self educating, I've attended a couple of virtual meetups and I'm currently switching between:The Canadian Landlord Guide - Expert Advice to Become a Profitable RE Investor BT's The Book on Investing in RE with No Money DownMy wife and I have also been playing a lot of Scrabble so maybe that counts as self education if my vocabulary gets better?

Still waiting to hear how this one plays out before I make any decision.

If you want to play audit lottery....that's on you.My job is to tell you what I think the law is. 

I also have a short term “play” portfolio.

I’m going to take your advice and play around with my numbers.

Buy and hold estate is a game won by those who can play the longest. 

Its not panic or anything like that , rather we have been there and done that and every downturn has similar characteristics and just need to execute the play book. 

I am doing well with renting to people within a 3 hours drive who are going stir crazy with their kids.They come to our lake house and can still work remotely, do their school work online and play on the lake.Better to be on vacation than in lock down.I have been offering deals to extend people who are currently staying when I have availability.I have been doing ok with back filling cancellations so far.