Just make sure you realize you'll have another 2 recessions, if not  3, and likely 2-3 inflationary waves before you truly retire in life if 30 years old.

., property taxes).Here is one more line item for your list: look at neighborhoods that have historically retained their values during recessions.

Unfortunately, with both companies being in the real estate tech industry, they were hit pretty hard by the recession.

It will be interesting to see how things go as we enter what looks like the beginning of a recession.  

We are either in, or in the midst of a recession, where people historically restrict their spending.

How are you planning to prepare your portfolio for the impact of a likely recession in 2023.

., I hate to sound like a shrew, but for the benefit of anybody who's following this thread, I have to counter some of your points...I'd much rather expect a 70% return from an experienced sponsor than an 80% return from an inexperienced sponsor because we'll almost definitely experience a recession in the next five years.

On other hand, the usual recession-resistant asset classes like self storage, etc are almost universally fine.

Any thoughts with regard to the current recession and your timing?

And when we have recessions every 8 years historically speaking, guess which tenants bump down to cheaper rentals when they take a pay cut?