But go get some liquidity now in case the opportunity goes away again

Bran- never use all of your savings on real estate, you want to keep as much liquid cash as possible.

The owner was a land lord that was liquidating his portfolio and this house was in a flood zone making it hard to sell to traditional buyer.

If you have a STNL and a credit tenant, you still get paid until the lease expires under most circumstances.

It does not.Follow the links and you get an offer to join CAA, $193.25/yr was the fee quoted to meThen to the bullet points:Forcing landlords to reduce rents by 25% even if a tenant cannot demonstrate a hardship or need.As your post shows, tenants do have to show "hardship or need"Allowing judges and the court system to set rents and change the rental agreements already in place.TrueAssuming every tenant is facing a hardship related to COVID-19 and must be compensated for this hardship.Not true, there is no assumption as your reply showProtecting nuisance tenants as it does not require tenants to answer an unlawful detainer complaintNot true, tenants are required to answer an unlawful detainer as your reply showsMandating that rental property owners demonstrate an economic hardship to collect the contracted rent.TrueFinally, all this is only active while a state of emergency for the COVID19 virus is active plus 15 days  and completely expires Jan 1, 2021. 

But I also figured I'd just be moving my money from low yield mutual fund savings into the real estate (still good investment but no longer liquid) and in this current health emergency situation that is risky.

In some states e-mail might be legal but non-enforceable in a court of law.You need to determine ( Is this tenant worth keeping?)

There are free e-signing programs available online.

All of my income is reported on my personal return, each property appears with its year-end totals on a Schedule E.

This is evidenced by an abnormal lack of new logins to our investor portal and a lower than normal amount of e-mail and phone inquires about our Funds.We believe that our country is going through the worst of the coronavirus fear right now as we reach peak new cases.