How long do you wait out a market if there is a decline in rental prices before cutting your losses? 

Recent data shows significant dispersion in rent metrics with supply influx in overbuilt markets causing mid-single digit rent declines.

It completely revitalized an area that had been in a solid decline for years.

I’d also ask how it’s structured - typically they are tiered (5/4/3/2/1) but I’ve seen some flat prepays as well, meaning the % of the penalty doesn’t decline during the prepay period.  

I politely declined and said when they add a zero to the offer I will consider it.

Back to today: I got off the phone with my agent, where I communicated how I wanted to present my offer (in summary: if the seller rejects my original offer, I hope they'll make a counteroffer, but if I decline that counteroffer, I will move on to make an offer on the next property of the few I am interested in the market - this is to avoid a back-and-forth and the property had been listed for a year with a 25% price cut in that time).

Market Considerations: Given the 12-14 month holding period, how much does your target IRR change in a fluctuating market (either rising or declining)?

The broker only provided a reason for the LTV drop which is due to the appraiser's comment that says "the market is in decline."

Despite rising interest from young families and institutional investors, the number of new SFR and BTR units is expected to decline sharply, from 34,000 in 2024 to just 9,500 in 2025, a 73% decrease.While demand remains, rent growth in this segment has turned negative, falling by 0.8% in Q2 2024 due to higher vacancies in 2023.

She filled the freezer with the meals and then the next day, took them to her father and put them in his freezer.I told her that she was using a lot of utilities and if I had known that this was what she was going to do, I would have declined her request.