Thankfully, this person was caught, tried, and sentenced.While finding out what we did about the Seller was enough for us to pull out, guess what type of business comprised the building’s largest tenant?

This is the largest and most yielding apartment in a building of 4 units. 

Like all US economic sectors, CRE has taken a hit from the government-ordained lockdowns across the planet that resulted in empty offices, an abrupt halt and revenue drop for businesses of all kind, with consequent defaults on lease payments and demands for rent holidays.

@Zachary Elliott Did you know the economic impact (stimulus) bill was drafted January 2019?

 Correct me if there are things I'm missing, but here is why I think this situation is different for multifamily than any other recession.This is not like any other economic crisis because the gov immediately decided to pay everyone to get through.

Especially because of the economic landscape there will be better deals to be had.  

Problem is, the current economic crisis and lack of potential buyers in that price range.

It just won't make economic sense, and you won't keep it rented if you're much above that.

What is the best approach when attempting to enter into the real estate game especially in this economic climate?

I’m betting that the affordable housing market will get even more competitive due to the economic fallout from the current pandemic.