That aside, I'd recommend that you look for recession resistant asset types.

With real estate prices softening, you’ll do okay of your place is rented out and cash flowing, but it may not make sense to sell for several years if we have a recession.

I know good contractors will have a right of recession of contract.

Investment Info:

Other buy & hold investment.

Purchase price: $105,000

Cash invested: $110,000

Purchased as part of a 6 unit package deal. Bought this one in cash to make the whole portfolio "ref...

@Amy Raye RogersThe homeownership rate has been rebounding since the great recession, so I just don't think it's true that we're becoming a nation of renters. 

We currently have more than 25% overall equity in our portfolio and I'm still nervous with what looks like a serious recession looming.Where is your line? 

During the Great Recession there was a popular belief that people could move into abandoned properties that were usually pre-foreclosure, register their adverse possession with the county and have full ownership with no mortgage debt after one year.

Crown moldings, in-ceiling speakers, and recessed lighting add to this beautiful unit.

Next few years, will be difficult for many as the economy goes into a recession, but you'll have a stable job, access to great loans and in markets with heavy rental needs (areas around bases).  

I recall working in brokerage during the recession ('08 era in WI) when pre-foreclosure sales (short sales) in WI and REO sales (bank sells after foreclosing and taking ownership) were much more common.