Maybe if someone could walk me through what I need to do to be ready to buy if a recession was to occur and credit tightens (which is a cause and effect of recessionary pressures).My goal is buy during this type of period and I understand that could be difficult as lending practices change during hard times.

But pulling out too much on the refi can cause you cash flow to take a hit?

Which causes you just to lose out on time, which that experience gained could be invaluable.

Being on forums like this, you get tons of opinions that may not fit your investment model and cause you to compare.  

The previous tenant was a hoarder which caused the unit to be badly neglected for a long period of time.

The listing was no interior access however it said it was bank financial which cause me to be lax in my due diligence.

You did not get into real estate so you could scrub refrigerators (which I did for hours and ended up just buying a new one anyway because it was a lost cause).

How in the world are they going to get all those children out, plus immobile Grandma, WHEN they cause a fire?

No harm in that and lets you analyze some properties

It seems to me price fluctuations cause REITs to underperform private investments on average.