I offered to take it off his hands within 2 weeks.The numbers:The seller purchased the house towards the mid/high end of the market before the 2009 recession, but paid it down to 83% LTV of original purchase price ($155,000).

My rental property values likely dipped during the recession but rents actually went up a little....not sure what your market bears. 

San Antonio was seeing about a 72% market in the middle of the recession (like 2011).  

Even if you're accredited, they still may not be suitable.In the recession, all property declined in value across the board.  

The Big question in my mind is will this be another big "R" as in Recession or a Big "D" Essentially by becoming liquid, renting for a while, being patient and buying on the Market DIP you are able to again RIDE the wave up when the market rebounds which it will in the SF Bay area again in the next UP cycle. 

I've also read that other countries are selling U.S. debt/treasuries and more economists are predicting a recession.

I can think of markets right off the top of my head that have continued to contract over the last 5 years, and others that never stopped expanding during the recession.

Hi Team,After some months, taking care of important topics at home, I want to go back to get a property for buy and hold.Some mental notes that I want to run an acid test with the collective and amazing knowledge on this forum.With the current market situation, where depending on the source we are going into a recession (others will say that we already are) Will be the case that most of the Turn Key providers, are selling a Street Price?

I don't see prices dropping until we hit a recession.  

As you can see, prices have been climbing for the past 15 years, regardless of the 2007-2008 recession.