What with so many industries being impacted and all.

Keep in mind that in order to take a distribution under the CARES Act you must have been impacted by the virus in one of the enumerated ways.If so, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020.

It sure seems like the impact varies depending on where you're looking.

I would venture to guess that you bringing an estimate from a contractor saying the work will cost less than $100k would have NO impact (at best) and a negative impact (more likely) because, back to the original point:  the discomfort may well be with you and your ability to excellently execute this complex deal. 

Even with the impact to home sales, homes still spent less time on the market and sold at higher prices than last April.

It's important to know that because that will definitely impact what method(s) are best to pay for it.

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@Taylor L.I priced the rent comparably.The demand is somewhat low mostly due to Corona impact.

I have a rental in Jacksonville and have not had any issues since I bought it a couple years ago, and I definitely haven't had any issues with impact from COIVD19.

Furthermore, any concerns with investing in multifamily will apply to other investments where the risk is less insulated. 1-4 units will be impacted by a lagging economy, job loss, etc.