I skipped 2 years of college and graduated with an MBA in the middle of the recession + was diagnosed not long after with a very expensive and serious autoimmune disease.  

Install outlet for refrigerator.3.Replace all receptacle outlets and switches.4.Furnish/Install outlet for refrigerator.5.Furnish/Install GFI receptacle in exterior rear yard only.6.Furnish/Install six recess lights in kitchen, install 12 recess lights in basement.7.Install 20amp circuit for microwave.8.Furnish/Install customer’s chandelier.9.Furnish/Install three smoke/CO2 detectors one on each level.10.Furnish/Install GFI in basement bath and second floor bath 11.

Next year we could hit another major recession which would cause your 2 year time plan to go out the door.  

Perhaps I will have some scrape-and-build opportunities through this connection (I did two right before the recession, as the general contractor, and loved it).I live in Parker, Colorado with my wife and two children, and I am a huge Dallas Cowboys fan (Broncos are #2).Be well!

Hi Steve,I am a builder/remodeler (general contractor) and like everyone else in my profession, I took an absolute bath in the recession, losing every penny I had just trying to survive.

This blog post looks to me to find a handful of markets that are not as strong as they were pre-recession.

Beautiful mountains and trails.Some of the state, particularly Tucson, hasn't fully recovered from the recession. 

@Yazeed Atieh  In my experience I noticed that college/university area's seem to be recession proof. 

Your modeling for downside during recessions will also depend on the area and how diversified the economy is there.  

Maybe C-class tenants can't afford their own homes, but B-class tenants can, and higher vacancy rates and lack of rent increases will trickle down into the C-class.The viewpoint about millennials not wanting to own homes is wrong - buying homes and starting families was just delayed due to a large recession at the beginning of their careers.