If there isn't a quick rebound in this sudden recession, then in a few months we'll see homes hitting the market, likely at discounts, especially in middle-to-lower class areas where jobless claims hit hardest, nest eggs are smallest, and "emergency funds" are nil to slim.

I am going to baptize us 'class of 2020'..incoming class that is.

Stay away from large rehabs and C class neighborhoods.

Might want to stay away from A class though as the demand for those may drop with people cutting back, but B-C areas all day. 

Credit score is great just don't have start up cash for the class of property.

Our goal long term is to buy and hold SFH rental properties in middle class neighborhoods, but would be open to other strategies that are working well in that area as well. 

I'm looking for SFH in B to C+ class areas with hospitals and Tech/IT companies presence nearby. 

If you go commercial through a credit union they usually like to see multifamily or other commercial assets classes with a $250,000 minimum and up (depends on the shop). 

Given certain tenant classes, I could see how this bill could really screw them. 

These things can have a significant impact on the (middle class) people who make their living in the real estate industry.