You should check out J Scott's Recession Proof real estate investing book. 

It can be costly however, 12k-15k for typical syndication legal documentation.8-10% can be very attractive especially with a more "recession-resistant" asset such as real estate.

mod=home-pageThe gist is that many mortgage companies since the 2008 recession have been doing a lot of loan modification programs for those behind their payments. 

As I recall, during/after the 2008 real estate recession, those with capital bought up property in CASH and consistently won those properties against buyers who needed mortgage loans to buy.

Vacant , the pros of selecting a tenant that could be recession proof or have stable employment and good liquidity.

I'm in a good position for a coming recession, I have job security, savings waiting to use for my next REI purchase, and I'm in the middle of refinancing for a lower 30yr fixed on my duplex.

During economic booms, the average commission drops, and during recessions it rises. 

Recession resistant!

What may be coming (see article).
Hoard cash, expect the best, but prepare for the worst. 
https://news.bitcoin.com/homeo...

. - Try to get your property manager or realtor to aim for Section 8 tenants, as these tenants are really recession proof, given the government pays for most of the rent.