If you buy in a location where prices and rents are increasing below the inflation rate, your only option will be to decrease your standard of living over time.

This may decrease my cash flow from that property some but I would net more with the additional properties plus more appreciation spreading my risk over multiple properties. 

What technology/apps/systems have you used to decrease the amount of time spent on managing a similar properties?

If we are doing a value add and assume that occupancy won't stabilize until the 3rd year what would be a good rule of thumb to decrease occupancy in year 1 if you are planning to raise rent by a small amount $25-50 vs $100+ when underwriting?

Up to you and your realtor what you choose to use, but for example if you get the appraisal district to decrease the size, then you can't use that when you resale.Now that I look at your floorplan, my guess is it is the 3rd car garage. 

Though good news is from what I know, the 40' container price is decreasing in last 2 weeks, from China to LA port, it decreases from ~$25000/container to ~$20000/container.I was even thinking if they can just push back my construction because I'm not in a rush lol.

What’s decreasing basis in the BRRR method and any examples would be a good help as well.

Here's the population growth over the past decade:Athens 32.8%Madison 23.5%Huntsville 13.6%Florence 3.6%Decatur -2.2% (yes, the population has decreased)That trend, to me, is quite concerning."

If you buy in a location where prices and rents are increasing below the inflation rate, your only option will be to decrease your standard of living over time.

If you refinance that amount (with costs coming out of your pocket or via a higher interest rate), PI at 3.5% for 25 years on $183.5K is $919/mo.PI decreases $24/mo because you've extended the loan by one year but didn't cash out or raise your rate (in this illustration).