So i have registered my first LLC. It is called Upright Homes LLC. What i am going to be trying to create is passive income. So the homes i will be setting up are rent homes. The rent homes that i will be targeting are $75,000-$110,000 homes. So what i have learned from some experienced real estate investors to keep your properties recession proof are buying homes that will produce rent for middle income earners, buying real estate near college campuses, and buying real estate near army bases. All people are in 1 of the 4 areas of income earning. Wealthy being the top, the next being the High income earners, then the middle income earners, and lastly the low income earners. When in time of recession more people funnel into the middle income area then any other. So buying a home that is in the $75,000-$110,000 will be accessible and ideal for middle income earners. The next tip is buy homes near army bases and college campuses. College students are always getting student loans that pay for their housing and military personnel always have family's that follow them from bases to base and the government funds their housing.
If you have any questions or pointers let me know!