I agree with @Jody Sperling as well. the best way to learn is through action (aka, getting your first deal).

https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment

https://www.wdrb.com/news/loui...Great part of our market's infrastructure. 

The National Eviction Moratorium may prevent you as a landlord from evicting a non-paying tenant but it doesn't prevent you from taking action. 

Yeah, I'm bragging because looking back now I'm very proud that I took action.

If you're an individual investor who owns or will be buying a single family home to rent in Metro Phoenix (and other booming Sunbelt states), good news: the big dogs with their legions of analysts think you're making a smart move...because they're doing it too.From a 10/19/20 article by Mark Heschmeyer of CoStar News:"Young adults have been fueling demand in the urban apartment market for several years.

While I have dabbled in renovations for a couple of rentals, all other avenues of investing through real estate was news to me.

You're going to need some sort of police report if you want to take action against the tenants, so call them first.If you need to do something legal, your say-so isn't enough.

If so, what is the best course of action?

OK, not seeing this as the end of the world, but there are some troubling things (based on what I see in Portland and watching news):1) No inventory means in PDX people are reaching beyond FMV on housing and abetted by cheap loans2) Debt service issues - I'll take the extreme, look at retail in NYC, there's lots of space empty at $80/SqFt.