Recession proof industries and of course a strong property manager.

.* Economy: Knock-on-wood, but Seattle is among the lowest risk of recession anywhere in the country.

I'm predicting a recession in the next 2-3 years.

Recession. 

Fourplexes specifically imploded during the Recession, even while the area as a whole was mostly unaffected, because so many fourplex owners were out-of-state investors from CA and FL and had to sell in a fire sale, and several were foreclosures.  

Bubble...same as before great recession

Other tax breaks, taking the form of exemptions or assessment freezes, are given to longtime homeowners who make less than $100,000 a year, senior citizens, disabled people, returning veterans and people who recently have invested in home improvements.When housing prices soared prior to the Great Recession, the legislature added an additional exemption, which limited property tax increases driven by the rising home values, but that break has since expired.So if Emanuel and state lawmakers provided a bigger exemption to homeowners, that comes at the expense of owners of commercial property, who already have their parcels assessed at 2 1/2 times the value of homes.

Some did multiple tours.In 2008 we were faced with the worst recession since the Great Depression.

They dug the dirt out during recess and with no safety gear while kids were running around. 

That also means you have a stronger market to sell short sales and foreclosures into.It's absolutely the best time for the banks to clean up balance sheets before the next recession hits.