I’m kind of tired of the Buffalo weather and we haven’t had much luck on the investing side of things.

That's it.....Got to have deeper pockets to weather that storm for a long time and be financially prepared if there are some bumps in the road or it doesn't appreciate as much as your thoughtYou don't sound like you are in the position to do that....so I would say HELL NO......

If you can find something weathered and rehab it, you might be able to find your niche.

Flood insurance hasn’t been a high priority because we are just use to severe weather during hurricane season, but as of late as long as you have flood insurance, you do take at least one sigh of relief.

I am starting to feel stretched then and am debating weather to hire people and bring the management in house (I like because I would have more control) or outsource PM.

Yes, they have contingencies in place and have portfolios diverse enough where they feel they can weather the storm, but don't have an idea of what day to day investing and deal finding would be like in that situation.

At the end of the day, I’d prefer to weather the impending recession (whenever the downturn comes) largely in RE over stocks.The commenter that mentioned you haven’t seen a downturn at your age is spot on.

Weather it’s running to the post office or picking up garbage and a rental for them.

I was under the weather for this last meetup but hopefully will be able to attend the next. 

Just make sure any property you buy today can weather and produce good returns in a rising cap rate environment.