As I was browsing through data for potential recession predictors, I ran across none other than an index specifically designed to determine when recessions are taking place!

The issue is after the recession, we've had a group of graduates that are willing to work at lower wages and at the expense of currently employed professionals. 

So make sure you are in a good financial position to anticipate another recession. 

I found using a dremel worked well to grind out a recessed area to place fiberglass tape at cracks. 

Mission Viejo, Laguna Niguel, Irvine just to name a few.It was hard not to make money in RE back in those days.But then there was also the Aerospace (Moon Landing) recession in ''69, the Arab Oil Embargo of '73 & '79, the Jimmy Carter days of 18-24% mortgage interest rate driven inflationary spiral that tanked the RE industry and the economy in the late 70's and early 80's until we finally got some solid leadership and literally  rescued by Reaganomics in the best economic cycle we've had since the post WWII days.

Also possibly waiting for a recession to hit next year bringing home prices down.

Good chance they won’t last through the lease,let alone renew.If you have a unique play and you can be ok with the thing being empty for two years during the next recession then it might be interesting.  

Are you at all worried about what would happen there in a recession environment?

The next downturn won’t be as bad as the recession but it is definitely coming.

And are you factoring in some kind of cushion in case a recession hits while you are counting on this income?