Even if this is a one time deal and you appear exempt, read up on the FCPB.Borrows appear to have a three year right of recession in any event, if it is not "affordable" or "prudent" they can still cry foul and get thier money back.

So you might geta  good deal on price but pay above market rates, in most instances you will pay more for the property and get a lower interest rate - but of course overpaying for a property and being underwater is not a place you want to be, especially in an economy that most predict is headed toward a recession.

Sometimes there is a lot of supply and little demand, like the years after the Great Recession, and sometimes there is a lot of demand and limited (affordable) supply like now.

This during a "recession".

Good cashflow deal w/ a near recession proof strategy in student housing.  

. - it's the math that I've used two times so far in Toledo...I buy a property for $25k (during the recession, they are now $40k) and rent it for $700. 

Given the shortage of house supply nationwide and the consensus that interest rates are coming down from, I'd say the market is about the heat up.Some say we are coming out of the housing recession and about the start the next 10 year cycle.Real estate is a long game, I regret not buying every house I could every single year for the past 15 years.

Considering a recession is looming, I don't feel comfortable investing in commercial that is not necessity businesses (dentists, drug stores, grocery stores, etc.) not to mention established national chain necessity businesses rather than "Shawna's Art Loft where she paints during good times when people have disposable income to buy  her art" type of commercial.

While rehabbing...maybe some easy tech like cat5 cabling, recessed lighting, IDK...that's why knowing your market is important.

Bad news if we have a recession, that will cut down on discretionary spending.