He went on to say that tenant B was suffering from mental health issues exacerbated by the COVID shutdowns. 

The most important things to remember are, keep the word out that you are an investor (some of the best deals come from people looking to sell who contact you directly), keep your eyes open so you recognize a deal when it comes your way and take action (don't suffer from analysis paralysis). 

I have lost a close family member and also many of our family suffered the consequence for not taking serious.. 

Are there any programs requiring banks who issued car loans to cease and desist repos for car owners suffering from the effects of COVID?  

If the building is not properly run, net operating income will suffer and that puts the loan payments in jeopardy.My advice for a lot of reasons - 1) to get financing but even more importantly to run the property properly - is to partner with a more experienced MF owner investor.

Free yourself, like a gazelle from the hand of the hunter, like a bird from the snare of the fowler.Proverbs 11:15: Whoever puts up security for a stranger will surely suffer harm, but he who hates striking hands in pledge is secure.Proverbs 17:18: One who lacks sense gives a pledge and puts up security in the presence of his neighbor.Proverbs 22:26: Be not one of those who give pledges, who put up security for debts.These say 1) don't risk too much with loans requiring collateral and 2) don't get a loan with a sketchy dude because you're going to get caught holding the bag.Romans 13:8, too:  Owe no one anything, except to love each other, for the one who loves another has fulfilled the law.This warns against debt that incurs an outstanding obligation.

In Florida, the suffering has been far less than other states as our Governor (who can't stand to be told what to do) lifted our moratorium in September 2020. 

Note, even if insurance pays for all the damage your property suffers, you still lose.

Then what you're talking about is extremely, extremely expensive teardowns, with the so-called "missing middle" being put there to maximize the economic return, which means that you will have extremely expensive rent/buy condos/townhomes/2-3-4-plexs.California suffers from the perfect storm of stupid policies, bad street planning (that's actually getting worse), some real actual natural constraints to building, and receiving a massive local inflation hit from not only the Fed's money printing machine but also from overseas investors who also have monopoly money looking either a place to dump some cash or somewhere to have an anchor baby.

Sure it suffered due to COVID, but you want to buy when there is distress.