Except I get great tax advantages with my mortgage and can own more property and diversify.

Any advantage/disadvantage of not doing that.

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This means that the tenant only actually gets a cash advantage if the strike continues for multiple months.

Yeah, I think having license is an advantage in investing with the right knowledge and team.

Downside - Not as many tax advantages. 

If this does lead to an increase in evictions, I expect owners to take advantage by increasing rents.

In my state, landlords usually have an advantage because they write the lease; right now, tenants have and an advantage since landlords are temporarily unable to file for eviction.However, many tenants will pay because they haven't lost their jobs and they pay their bills and because they feel that it's the right thing to do.

Ratio is skewed at the moment as I been dropping excess cash into the markets to take advantage of cheap index shares.

Risk adjusting your price is very reasonable.I don't see the advantage in waiting a few month.