This time I knew I have issues as I quit my W2 job, bought a business, didn't have the 2 years required in normal residential mortgages.

Best case, I cash flow $200 after about 60 days of working on the property and life continues as normal with the market not changing much.Worst case, I can’t find a renter, housing prices plummet and I’m smacking myself on the head wondering what I’m going to do with an upside down property.Any thoughts?

Deposits can not normally be disbursed until all parties sign off. 

It is extremely normal to be a little scared in the beginning. 

I'm new to this real estate thing and I'm currently looking to acquire my first property in the near future, assuming life resumes back to normal at some point this year, and one of the most frightening aspect of real estate investing, at least to me, is construction!

One nice thing at these foreclosure auctions is the foreclosure bank provides the mortgage, one I got at 10% down, but required seasoned cash. then they're also portfolio loans where the normal income, DTI requirements, owner occupancy rules are waived as the loans are not sold. 

Will keep it in mind once things are back to normal.

Make sure you have a contingency plan if things take longer to normalize than you expect.Also...if you don't know this already, insurance on a large (2,370 sq ft) NOO property is going to be very expensive.

I'm hoping that if things aren't returning to normal, I can be of service to those in a bind.

Please note that this moratorium only applies to HUD subsidized housing.We recommend landlords and property owners take the following action: - Do not forgive any rent that is due unless you are prepared to forgive everyone's rent (which we do not recommend); - If you are going to offer hardship relief, compose written criteria outlining requirements for the relief and then apply that criteria to all applicants equally regardless of the tenants race, color, religion, national origin, age, sex, pregnancy, citizenship, familial status, and/or disability status; - Require your tenants to communicate with you in writing and keep copies of these writings in your tenant files; and - Continue to follow your normal processes and procedures, especially regarding evictions.