Keep in mind we are heading into a contraction, recession, and I wouldn't be surprised if the fed cut rates and ramped up quantitative easing.

I believe NY, california leads the charge and soon the impact should be felt in many markets .2) Keep the property and refinance during recession .

But I did all new appliances, granite countertops everywhere, stained cement flooring, new doors, electrical box, recessed lighting, big backyard shed, gutters, paver patio etc...you get the idea

Unless Chicago experiences similar appreciation as LA, which I don't see based on pre-recession vs. post-recession median home sales price numbers, the implementation of a Rent Stabilization Ordinance will discourage investment from buy-and-hold investors, who will start to see a squeeze on cashflow (restricted rents w/rising property taxes) supplemented by sub-par appreciation gains.

Almost out of Recession and no recession or bubble in the sight..5.

The topic is Recession Resistant Investing: How to Identify Deals That Thrive In A Recession.

Second, we have been in a recession since 2007.

Had to use it during the recession when a tenant stopped paying rent and destroyed the rental.

Using only data from the last recession is a flawed approach.

House value is very stable over the years even during the recession in 2009.