Such a large increase in the money supply often leads to some amount of inflation, but that is tempered in the short term by the economic woes.

Since I don't know what exactly you are looking at I can't say for sure if you are looking at ads where you need to supply your own land or not, but if it is that much cheaper than everything else it seems like a distinct possibility.

They left couches and furniture upturned on their sides, blocking doorways, randomly moved from their locations.

These guys had regular C class stuff - TV, PS2, shoes, tons of furniture and housewares, framed artwork (kind of cool - worthy of being on office walls), electronics, tons of clothes (saw a vintage 1980s G&R shirt in there which was cool), baby clothes, new stroller, crib, and a super nice Italian dress coat that fits me so I'm taking that to the tailor to have fitted. 

The question is whether there is enough supply and demand. 

If someone slips and falls outside the property, or a pipe bursts and damages a tenant's expensive furniture, or a tenant's dog bites a mailman, or a tenant makes a claim for 2x his security deposit for alleged mishandling of funds- you could very well find your name listed at the top of a lawsuit.

We may be entering a period where there is an increased supply of REO properties, so I would do your homework on those and network with other investors who also invest in REO properties in your target location. 

That being said, I think the disruption on the supply side could take longer to restore, which could negatively impact everything, particularly if the outbreak is not contained evenly across the world.

pid=1714Houston Real Estate Highlights in March:-Single-family home sales rose 8.2 percent year-over-year, with 7,566 units sold, marking the ninth consecutive month of positive sales;-The Days on Market (DOM) figure for single-family homes was unchanged at 65 days;-Total property sales rose 6.9 percent, with 8,965 units sold;-Total dollar volume jumped 11.0 percent to more than $2.6 billion;-The single-family home median price rose 4.1 percent to $249,900, reaching a March high;-The single-family home average price climbed 3.8 percent to a March high of $309,785;Single-family homes months of inventory was at a 3.5-months supply, down from 3.8 months last March but above the national inventory level of 3.1 months;-Townhome/condominium sales declined 0.5 percent, with the average price up 6.0 percent to $224,038 and the median price up 4.6 percent to $183,000;-Lease properties experienced a mixed performance, as single-family home rentals increased 1.2 percent with the average rent up 2.4 percent to $1,788;-Volume of townhome/condominium leases fell 9.7 percent with the average rent up 4.2 percent to $1,604.

Take measurements of all rooms and consider a basic floor mapping tool so tenants can gauge how well/if their furniture will fit before booking a viewing.