I had an 80% LTV 30-year fixed loan locked in prior to all of the coronavirus craziness when the portfolio lender involved stopped funding at the 3 month seasoning mark.

Also, I would buy now because if everyone (ibuyers, REITs, New and seasoned investors, etc.) is waiting for a few months to buy, then you will have much greater competition then.  

Lightweight beams were used and they are bending under continued loads; the pressure is also bending the wood cross bracing at the top of the front beams.

No way, but they more than cover the mortgage and we limited our downside risk while still keeping the upside of having them available for short term stays come this summer (peak season). 

If Midway is an option then that opens some opportunities to live or invest in areas like McKinley Park or Wood lawn or Brighton Park which might have multi's in that price range. 

Which I was learning towards but just wanted to hear from more seasoned investors.

At the end of the day, be confident, be a sponge, learn whatever you can, and don’t worry about what seasoned agents think, just do the work.

After becoming a LL and a difficult tenant with subsequent eviction in that first tenancy, come the following Xmas season, I viewed the movie "it's a wonderful life" thru new goggles.

We build our properties with rentals in mind -meaning solid construction with hard surface flooring, tile backsplashes and shower surrounds, wood window casement, and everything we know from experience that helps with maintenance down the road.New construction duplexes may be an option for you.

Such a tremendous increase in unemployment numbers, and we don't know what long-term effects Coronavirus and season viruses will have on the economy in the future.