I’m currently living in it but would like to buy property in the up coming recession 

Historically the flattening of the yield curve has indicated a recession.

If you buy in Austin at current levels and we experience a significant recession even on the mild order of 2008 then there will be a lot of nashing of teeth for new investors.  

All in all, it's a great opportunity to create some money for some continuous hard work, it can be done easily, & it will be a win-win for you and your daughter, but caution should be exercised while we are moving closer and closer into a recession. 

Airbnb was invented out of the last recession so while there isn’t direct data for short-term SFRs, we do have data on hotel occupancy and RevPAR.

The fist to lose value in a recession and last to recover.

It is difficult because I went through the Great Recession and am naturally a pessimist.

Seller, since we can't control the economy, in the event of a recession or slow market at the time of our balloon, would you want to take the property back if I can't sell it or refinance it?

We just entered a recession, and no signs of the economy jumpstarting just yet.

It's almost recession-proof.