Technically we are not in a recession until the National Bureau of Economic Research says so.

Would you be comfortable moving forward with gap funding in the current economic cycle?

“Foreign direct investment (FDI) has been a vital ingredient in Alabama’s economic growth in recent years,” says Commerce.

Having a lower barrier to entry and having a portfolio of assets I believe is a better scenario during any type of economic condition. 

I study economics so I always ask questions about assumptions we make about people's actions in economic matters.

Net operating income equals gross rent minus physical vacancy minus economic vacancy divided by operating expenses.

So we are on the same page, a dependable passive income must meet three requirements:Reliable - You continuously receive the income with minimal interruptions, in good and bad economic times.Inflation Adapting - Your rental income increases faster than inflation, so you have the additional dollars you need to maintain the same lifestyle.Persistent – The income continues for a long time; you and your spouse will not outlive the income.Selecting a dependable passive income location is the second step in the process of consistently buying dependable passive income properties.

What’s unique about our current economic environment is that you have a simultaneous increase in both at the same time which is creating a one two punch for everyone.

Buy in a primarily owner-occupied neighborhood to attract tenants who are a lower economic risk.

If it isn't then sell it, do not keep a negative CF asset especially as your first rental heading into an economic recession and probable depression.