Some insights can be found from Argentina (https://www.globalpropertyguide.com/Latin-America/Argentina/Price-History) which is going through a terrible economic crises with astronomical inflation paired with a crash and the worst financial year they've experienced in history in 2019 (non-covid related). 

(Perhaps some experts may argue its not really a risk if you can make it work on paper but I am trying to account for worst case scenarios such as if a tenant doesn't pay rent and affects cash flow of HML, PML etc)While I am excited about real estate, I want to have a level head in determining whether leverage should be used or not in the situation listed above.

I figure I have to assume a worst-case scenario--6 months at $925/mo = $5550. 

That said, it's clear that our economic recovery has begun, the worst economic quarter in the post-World War II era is behind us, and the question now shifts to how quickly we recover.

Purchase price: $350,000 Cash invested: $50,000 Sale price: $415,000It was the worst first flip because we hired the wrong contractor who wasn't licensed.

Acting like I know nothing here probably isn't the worst assumption :\Thank youEDIT: figured I'd add. 3 of us have credit scores around 720 and one around 690. combined income is close to 300k before tax, but since we're so new out of college only one of us would have "proof" of this on our tax returns, just paystubs

Worst advice: way too much to even list. 

@Joseph Gibbs Family is the hardest and friends are the worst to raise money from in my experience. 

They've further commented that the worst case scenario is they don't pay rent and we can't evict them.

So when the moratorium is lifted, it will set off the avalanch of backlogged cases.Anyone please feel free to correct me if I'm wrong.if that is true than I'd say if they're already behind on rent start the eviction process right away to mitigate lost time when eviction deluge hits.