I have also read about the high probability of a double dip recession and agree that it is likely that RE (everywhere) will continue to trend down in the coming months/years.

I'm trying to figure out where to 1031 exchange my Seattle area properties to in order to ride out the next recession.

As great as the economy looks right now, I am concerned that there will be a recession in the near future.

You have a relatively soft real estate market across many parts of the country, subprime lending sucking wind, a recent 1/2 point Fed rate reduction, a weak Dollar and lots of prediction/discussion for either a recession in the short term, or inflation & higher interest rates in the long.What markets are going to be a good deal for you - will really depend how quick of a turn around are you looking on it.

Being able to cash out this much isn't normal in my market in today's day and age and i'm not sure how it actually happened (could do this a lot in before the recession I've heard).  

Airbnb has seen some declines since the recession hence you don't want to be locked into that that one strategy and realize it doesn't cash flow after the fact. 

OOS go airbnb here cause it's close to NRG, Toyota Center, George R Brown, but you go check how little 77004 goes in recessions.

Memphis is a great city and it is really recession proof; property values don't change a ton, but the cash on cash return is fantastic. 

Then the Recession came and I lost the house. 

All the recession signals are flashing - high flipping, booming real estate seminars, low affordability.