While some may argue that a recession can have some dire consequences, recessions also create opportunity.

Meaning, in many job sectors the employee does not need to live in the same region or even the same country as their employer.You may not have factored in a recession in your projections.

When I bought my condo in 2015, people questioned me because we were still in a quasi recession and it was a condo.

With the fear of a recession in the background, I would plan on 10% for vacancy. 

This happened in the 08 recession to quite a few people but that was an extreme event, could it happen?

I also like www.cashflowconnections.com Hunter Thompson is smart and well diversified into asset classes I like a lot for the next 10 years, Self-Storage, Mobile Home Parks and Value-add apartments on the more affordable side, NOT CLASS A.Gaw Capital is also a firm i have directed some of my private clients to review, if you want international diversity.You need some geographic and asset class diversity, and this structure is hard to beat, you could go with 1 firm, but i feel putting the hypothetical $3.5mm into 2-3 top notch, recession surviving firms is best. make sure they have been through a recession.With good operators, you should be pushing high teens IRRs fairly safely. this is VERY PASSIVE and IMHO a fairly safe way to go.I tell anyone who will listen this is where i would park my money if i wanted passive cashflow and some upside potential. 

They are going to cause a recession to combat inflation like Volcker did in the late 70's/ early 80's. 

At this pace, will pass the pre-recession high of Aug'06 and $315k.You gave me a good idea.

The slowing of rent growth will continue for the rest of 2023, as the risk of recession hangs over the economy and many markets are experiencing over-supply conditions.Nationwide, more than 1 million multifamily units are under construction, the largest pipeline since the early 1970s.

The deals are optimized for risk mitigation as well having a recession proof strategy.