Be mindful, there are REITs and then there are REITs. It depends on what you're looking for.

Retail right now is taking a beating. KIM and O are two examples. These REITs will be the most sensitive to a recession, as they rely on their Mall's or franchise retailers being able to pay their rents.

On the other end are storage and health care, which tend to be recession resistant, but this seems built into the share price.

Right now, the hot discussion over at the Motley Fool REIT board are REIT preferreds, of which many now are at fire-sale prices. But then, these carry their own unique risks.

BruceM