Provided you meet these number a recession will have no impact due to leverage.

Recession or no recession, there is a crapload of people waiting for their Section 8 application to get approved.

If I don't see any good deals then I just pay debts down more quickly while waiting for the next recession or whatever.4.

We took a hit with the closure of some auto plants in 2008/2009, but things have turned around since and prices are higher now than they were before the recession.

I know this is a vague question with a lot of variables, however there is a lot of talk about coming recession.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

I think that in a standard recession - maybe not one brought about by Donald Trump running this country into the ground, I hasten to say - cities like Dallas, Tampa, and Phoenix are not at risk for a meltdown.

Others even see a recession in 2017. http://finance.yahoo.com/news/real-estate-pros-see...I'm close to make my move on my first property, but I am a little bit concerned by the news. 

@Joshua Greenberg There is No 3 day right of recession on a purchase mortgage.  

Markets that are dominated by major universities are very recession-resistant, and can be excellent markets for the long-run.