With the possibility of a mild recession, the Federal Reserve's announcement to cut rates three times in late 2024 and institutions like the Federal Housing Finance Agency (FHFA) and Freddie Mac hinting at a potential uptick in transactional activity after a slower 2023 which saw a 70% year over year decline in sales volume the "Survive Til '25" adage might be moot.

we have recession in tech. 15-20% of my friend is already gone LOL

It provides great stability to the market and provides some inherently recession-resistant benefits.

Real estate was still pretty down.Bush jr(01-09) Great Recession in 08 that continued into 2012Obama (09-17) Helped keep rates low, real estate skyrocketed, but based on low interest rates.

In a few weeks I'll probably fire rent them at a low price or with 1st month free on 6 or 9 month leases just to get through the winter/ pandemic/ recession/ riots, then hopefully renew or rent at market price again next yr. 

A recession (deflation)?

I would figure $40k-$60k gross/year in todays market and much lower in a  recession year. 

., another recession, client vacancy of 6+ months, etc).

There is no recession on cashflow, how many times have you seen rent go down?

I started off in SFH and now transitioned to CRE focusing on recession resistant assets (i.e - apartments, mobile home parks, self storage, and industrial).