Good renovations done at purchase should decrease repair and vacancy cost. 

YoY is up 3.5%.Rentals - Availability by MonthThe number of homes for rent decreased MoM, also bucking the seasonal trend.Rentals - Median Time to RentMedian time to rent increased in November to 30 days.

You'll have to read the details in your PPM and Capital Call notice but generally you send in more money to maintain or decrease, but never increase, your original position, It's not like putting money into a losing stock where you now own more of the company for a lower average price.You're far from the only person this has happened to.

Real Estate values, nationally, have never decreased over any 10 years. https://fred.stlouisfed.org/series/MSPUSFocus on optimizing active income first.

Notice I say advertised and not going for because next, you will want to see how long these properties have been on the market and if they have decreased their rental asking amount.

Also, I see a lot of rental listings on Zillow that are decreasing their ask price.

A new owner with more capital can easily come in and decrease vacancy rates and increase supply to realize a 2-3x revenue.

One group wants housing prices to increase, the other wants them to decrease. 

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

There are times when the market increases or decreases rapidly.