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. 

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

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

If I am to invest as an LP, just based on my research, my GP of choice here on BP is @Brian BurkeI've been investing since 1999 and like Brian, I've never lost money for my investors even during the Great Recession of 2008-09.

If you are looking for a licensed professional who has cut his teeth learning the south side in and out during the recession, feel free to pm me.

They also had an article on the housing inflection point for Oregon, where he argues that prices will soon level off, and won't drop until the next recession due to lower demand. 

My point is: If one of the things that goes wrong in future relates to your job/income, won't you want to already be set up in a primary that can cover its own expenses if you start/continue to rent it out, and which is located in one of those seemingly-recession-proof locations that keeps on appreciating?

Do you think banks (especially now, hitting  a recession) will want to take ANY risk to help you fund stuff?

You may need to reach out to C/D neighborhoods to get that 2% rule.When real estate prices fall during the next recession - You may be able to find 2% deals more easily.

Here comes the real recession Hey James at least I cite others opinions who agree we could be in trouble.