This will decrease your relying on her for the marketing photos. 

It takes less money to generate the same 53K even do your cash flow decreased because its a more expensive loan which is paid directly from your cash flow. 

Brandon Turner had a great point when he stated that some vacation rental homes will likely sell now simply because the owner is bleeding money due to no/greatly decreased bookings. 

I have a few positions on oversold mREITs but looking to sell when they recover to about 40-45% of pre-crash value which would be the equivalent of their previous multiple of BV they were trading at precrash, based on my estimate of current BV decreases (both published and unpublished). 

What a great way to drastically decrease your living expenses.

My other assumption was that with a refinance, our monthly payment would decrease.

While it is certainly valuable to gather info from the experience of others, it's probably best to determine your own criteria of what makes a "grade" (whether income levels, population increasing/decreasing, crime rates, etc) rather than just take someone's opinion or marketing materials as the end all be all.  

The result of remote jobs increasing, in my opinion, will be a gradual decrease in pricing of properties in big cities.This is just surface level, but please share your in-depth opinions and thoughts!

Plus since it's a LOC on the condo, the 'minimum' required to pay goes down over time, so if rents decrease over time for a recession, we should be ok.They way our family sees it, is that it solve the immediate need of Mom and Grandma to get into a single story home, closer to us. 

Other reports I've read claims that the Philly market is HyperSupply phase, but I guess this report slightly contradicts that given median days on the market is decreasing