A 15-y will accelerate your payment schedule so your payments won't decrease.

Also if it's a hud propert one thing I've learned is they do 5% price decreases over time.

What else do you guys do to increase NOI or decrease Expenses in your first year operating a new asset?

Or decrease operating expenses such as by shifting utilities to tenants? 

As their risk when investing in you decreases, so does the expense that you incur.

. - LTV’s are decreasing (Higher Down Payment)- DCR’s are increasing (Higher Equity in the Property)- Lenders are requiring up to 12 months cash reserves in operating expenses at closing- Interest rates are currently down- Net Worth requirements are increasing- Rate Locking for loans is being pushed back further and further in the closing process causing an unsettling of knowledge on whether the deal will make sense or not2.

Are these states typically high/low in relation to other state or have they been effected more drastically (greater than the 12-13% average decrease mentioned in the NMHC source). 

We might see an increase in SFRs and a decrease in lofts and 1-units.

This increases your taxes, not decreases them.If you're talking about having rental properties, and you mention GC in the context of exclusively doing your own rehabs - your separate GC business has to have an intention to make profit and operate accordingly.

However, I'm guessing banks will decrease leverage limits (already have in CRE, as have HML lenders).