These types of units also don't usually call for all the frills and thrills like recess lighting everywhere and the fancy techy feel.

If anyone had any of these properties during the 2008 recession, did tenants continue paying rent? 

I think the next few years, even if there is a recession, will look a lot different than the last housing crisis.

Recession, probably, but recession and housing markets collapsing don't actually go together... 2008-2009 was an exception.

Oklahoma City was called recession proof in the last downturn and in our B and C class areas we held rent rates throughout that time as well.

The other reason they are historically a good deal is how they perform in a recession or recessionary markets. 

The bulk of our RE experience was during the 2008 recession and our attitude has been shaped by that almost entirely.  

Regional, drivable vacation rental markets have been the most recession resistant and usually have really great ROI.

I never thought i would be able to sell it for as much as i am being told, however based on what i could make i am thinking about selling and using that money to try and buy a multi family soon or in the upcoming recession.

Now, if raising the rates creates a recession, and a housing crash, that might force many owners to dump theirs and go for renting, thus keeping the rents from falling or maybe even raising in such recessionary environment.Otherwise, on the same idea, lowering the rates, would depress the rental rates?