VA home loan on 2.25% with 0% down. 25k on kitchen, dining room, and recessed lighting.

I will certainly deploy capital in 2023 but I can't recall when the last time the general consensus for a recession led to an actual recession. 

Another example: during the recession, there were some metro areas that depreciated significantly, but within those metro areas were certain neighborhoods (often the A neighborhoods) that didn't depreciate at all--or that even appreciated.So, the macro data you typically encounter can be useful, but it often doesn't tell the whole story.To be a successful real estate investor, I need to understand my city like the back of my hand--with significantly more precision than what macro data would convey. 

Major factors effecting every real estate market include unemployment and job growth.In Texas, between March 15 to August 8th, a total of of 3.2 million jobless claims were reported with over 300,000 in one week of April alone.For reference, weekly claims peaked at between 50,000 and 75,000 during the most recent economic downturns — 2017 Hurricane Harvey and 2008 Great Recession respectively. (2)Austin’s March job growth compared to March 2019 was up 2.5%, though signs of increased unemployment were on the horizon as seasonally adjusted unemployment in March was 3.4%, and up from 2.5% in February.

History repeats itself, and I have seen many people get their heads cut off during the last recession using this same scenario as the poster

Overall though, they are virtually recession proof with a better price to rent ratio.

Not everyone finds the hubbub of recess and end of the school day adorable.

Be careful using these on outlets which are recessed behind the surface of the drywall / plaster.

I know most of the literature on the topic exaggerates the recession, which serves to get clicks on articles, but is there any data that points to a lingering cold market and drastic price drops ?

We completed a cosmetic rehab including replacing the kitchen, bathrooms, flooring, paint and recessed lighting.