My natural proclivity is to avoid and eliminate all forms of debt.

Seeing as the Short Term Rental market is being greatly effected by all of this.

As most informed investors probably already know from the court system's Coronavirus updates, "Chief Justice Beasley has directed that local courts postpone most cases in district and superior court for at least 30 days, with some exceptions, effective Monday, March 16."

Gut rehab is above my experience.ARV: It would be nice to have some increase in value over time, but the goal is to eliminate my $2K housing expenses.Cash Flow Goals: $0 (with me living in the unit).

The length of the lease has little effect on how long a tenant stays.

How can I use this situation to become a stronger, more effective real estate investor?

You may be able to buy your personal residence for less than 20% down and divert some of that capital to the purchase of a multi-family effectively having your cake and eating it too. 

Instead write your creditor explaining how the current crisis has effected your cash flow and when you will resume payments but at this time you need to workout new terms.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris scam and/or Morris Invest scam for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

It seems like the FED is doing what it can to grease the gears of the economy but how effective will it be?