The major cause of such declines is urban sprawl.

Maybe there's really a decline of population and no room for appreciation? 

@Jenny MooreWe allow insta-booking (it ranks you higher), but have never needed to decline a guest.

Blomberg units were once in this category (or near it), but have declined since manufacturing shifted from Germany to Turkey.Whirlpool/Electrolux have recently introduced heat pump driven, compact dryers in North America, which is an interesting development ... if only their reliability / repair history were better.Ventless (condensation or heat pump) dryers work well, but differently, than the more traditional in N.A. element driven dryers.  

One declined to go further with this tenant; the other went ahead and rented to him. 

The fact that you declined someone is a risk by iteself, legidimatly or not - if you never formally decline anyone, you eliminate the risk.

I think the pricing pressure will continue until REO/retail sfr pricing starts to decline and yields are back up in that niche.

Not to mention the fact that marijuana use in teens, DUIs, violent crimes and armed robbery have all declined in states that have legalized pot in some form or another...... not that were discussing the social ramifications.I could continue to rattle off talking points but the TLDR is: depending on who you speak to the marijuana industry gets a bad wrap, in my humble opinion its nothing short of a windfall for states that have embraced it....

Those are the properties that took the largest hits in rent declines, 20-30% in some instances.In my case my Bayview rentals have not declined at all, and my Mission units dropped ~5%.

As I'm sure you've found out, since then the inventory has declined and prices have gone up sharply.