Source: Washington-demogrphics dot comPopulation is decreasing and the median income is slightly rising.

I've contacted a few sellers, and they are motivated but valuing a property when the rent has decreased 50% in one year is difficult.

Thanks for the input, no doubt a good strategy to decrease time invested.

If you are only putting down 5%, it is riskier for the lender because that decreases their margin if you default.PMI should drop off as soon as you have paid the principle down below 80% of the contract price.I would think in general it would be best to avoid PMI, but it depends on the situation.

You can look at decreasing office occupancy and decreasing sales tax receipts to see that the high end is very much dipping right now and will likely continue to dip.  

Thus, the incentive to pay all of the rent on schedule in Las Vegas is very strong.Population TrendsIf people are moving out of an area, housing prices and rental rates are likely to fall due to decreasing demand.

I don't expect this to be a big money saver for me but some might use it for the effect and that decreases my cost just a bit.  

I know the occupancy rates in Cleveland are high, does the decreasing population concern either of you?

If you work with the right team in the right market, the turnkey model decreases risk tremendously than if you were to go at it alone as well.

Also it would decrease my global debt ratio a lot when banks see that having increase of additional monthly payments of $900 after the refinance which I know the banks won't like and will be harder to use to make purchases.