If there is a “recession” or “depression,” the dilemma for me is to buy up cheap real estate, or retain that $ for operating income in case people can’t pay rent....?

PTSD, anxiety, depression, and other illnesses are diagnosed with minimal evaluation and then no treatment or expectation of improvement. 

This has caused me so much stress, anguish  and has my depression is in overload, that I'm going to have to go to the doctor about this.

They were old-school depression babies and did most of their own maintenance even though they were in their 70's and 80's.They were soft-hearted with tenants and the tenants learned to go around me when they thought I'd say no (like little kids) and waylay the brothers in the parking lot when they'd show up on a Saturday morning, to get the "owner" to agree to something instead of asking me first. 

I think the way around that is to just advertise that this is the rent for non-pet owners, and this is the rent for pet owners, and if I find out you have a pet, the rent agreement would say that both parties agree that it will be assumed that the pet was there from day one, and the higher rent would be owed back to the beginning of the lease.Either way, tenants will try to sneak in pets.The owner I worked for would come on weekends and haul off garbage to another of his properties that had a big dumpster - he was too cheap to pay for twice a week garbage pickup (depression baby). 

Some of the properties we purchased several years ago while the prices were still depressed are cash flowing great.

I think it will get worse and there will be a deep depression and 60% loss in stock market.

Only twice since the great depression did housing prices retreat nationally....the housing collapse, and in 1991 they dropped about $1800. 

The idea is that being outside in the sunshine is healthier, rather than being depressed sitting in your house. 

Will it cause a Depression?