This Cape Cod has beautiful windows for plenty of natural light in addition to recessed lighting.

Basically, to summarize my concern, I just worry that history may repeat itself - to cite a local California example - prices ran up a lot in the run-up to the Great Recession in core markets, and pretty soon everybody was buying hot properties in Stockton and outside of Sacramento.

@Jason Lee, I’m personally invested in a triple net lease fund with very conservative leverage (40%), an investment grade rating, diiversified into hundreds of properties in industries they feel are both recession and Amazon resistant, and where the sponsor has full real estate cycle experience in this exact asset class and strategy.

Refinancing may not make sense in two years, especially if we are in another recession.

You should really tackle this debt before you get deeper into real estate, because if we hit a recession, which we probably will in a year or two, and a few things go wrong like you lose a tenant or two due to job loss, and your property values tank 20-30% ... you'll basically be on the verge of bankruptcy.

It may sound awful, but a recession would be the perfect time to buy more properties.

If you pay $175 per foot and the economy enters a brutal recession, which, with Trump and the GOP, let's face it, it will, you might be "buying high" and forced to "sell low" My two cents.

So, even if there's a recession coming or whatever, we're not going to have a repeat of the above situation. 

@Craig JeppesenDuring the last two recessions stocks lost 50% of their peak values.

The investors I have are millions into tens of millions or higher of capital to invest so they are not affected as much by a recession as your average worker making 50,000 a year income.