If you follow the Grant County Economic Development Council you can see all the companies that are breaking ground around the area. 

So I agree with you that there is major economic fallout from all this and that RE values in some sectors in some places will come down in the coming 3-12 months.

And then nail down your vacancy assumptions based on current economic conditions. 

That "pattern of financial responsibility" is not met and in this time of economic uncertainty, his job today might not be a job at all tomorrow.

Maybe something closer to an economic engine like a college, hospital, airport.

We're currently at 36+ million jobs lost, businesses struggling across the country, economic uncertainty for many, and a lot of people likely to lose a lot over the next year or two.

Do you believe it’d be a good investment to buy land somewhere that is expected to become the country’s economic center in the future?

With that being said I was wondering if I did the BRRRR strategy and went through a crisis such as CO 19 and couldn’t make my payments.

Just remember everyone needs a place to stay, people are consistently moving, even in the middle of a crisis. 

@Deavin Cox It really is as simple as Wayne points out.Unfortunately, a lot of borrowers in your client's position don't want to face the fact that they cannot afford the home and become desperate in an attempt to save something that they really can't without doing further economic damage to themselves.Without knowing more details of your client's situation, I can give you only general advice.