I think if a recession hits hard rents could go down a as 900 At the lowest.

We have had STRs in San Diego since 1999 and this has is one of the slowest STR times (not quite as bad as Great Recession).  

In the last recession the strongest West Coast markets were where the high paying jobs were i.e.

Either as an LP or in a NNN lease medical office, recession resistant retail or industrial.

Recessed lighting is popular, but also expensive.

Is is a bad idea to perform a BRRR strategy right before a recession will occur?

We get all these 'Is a recession coming?'

A dead christmas tree got pushed around for six months before it finally ended up in MY yard waste (I didn't complain because I was tired of seeing it too) for example.Prices are high right now and we are probably going to see a recession in the next couple years. 

My only previous attempt was crushed by the 2008 recession.

I would say a lot of it has to due to the fact that the university and Carle are the major sources of employment and they tend to be recession resistant.