It’s been said that people build the most wealth during recessions.

On the other hand, if we move from recession to depression, will the government cut programs like this to stay solvent.

If you haven’t realized it yet we are headed for a recession.

I know it comes down to how the numbers look but given the current situation (low interest rates, uncertainty in the economy with regards to recession) I am torn up between purchasing a 500k & up 4plex vs. a 350-400k duplex.

If you look at most recessions, they don't come with large real estate price reductions, unless the recession was caused by a recession.You may want to think about two duplexes or a few single family homes.

Like assuming full blown recession, which I am, can anyone venture a guess as to inventory and price trends in the next 6-12 months?

If a person put away $20 per paycheck since the last major economic event, the Great Recession of 2007-2009, they'd have over $5,100 in savings.

The link below will take you to some information we're about to provide to our clients regarding home price trends during the last 5 recessions.

My portfolio could be considered somewhat "recession proof." 

This is done in hot markets and in times of recession.