Hell, even in the midwest we've seen huge appreciation coming out of the great recession.

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.

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?

Where do most of their visitors come from and are those countries also slipping into recession like the US?

Of course anything can change and we can go through a recession or covid 2.0 happens, but if you think about it from a logical standpoint, give any positive cash flow property 10 years of rental increases, appreciation, principal paydown, depreciation, etc.... especially in a booming market like columbus, you should definitely be making 20% coc

I am going to Rio at the end of the month and get back with all my properties down there to fix back up to Sell in two years or more, when they climb out of their biggest Recession in history.

., a recession, capital expenditures for repairs, or tenant property damage).Solution: The majority of the forum members are against your real estate due to "speculating," whereby an investor bets that the property will appreciate more quickly compared to their losses.

Recession-Proof Real Estate Investing: How to Survive (and Thrive!)