From what I can tell on Zillow it has been on and off the market for 2 years but has steadily decreased in listing price. 

A few questions about tax foreclosures that I'm hoping the BP community can help answer.  I'll be bidding in Texas but I suspect these are general questions:  If the minimum bid is $5000, does this mean that the homeo...

Gradually, the dental phobia decreased but I used to avoid dental visits unless I am in the worst situation.

This is a B+ suburb of Milwaukee, with good schools and low crime.My questions are 1) Will there be a decrease in rent due to the location of this SFR other factors being equal?

The hope is that will help you decrease expenses and/or gain income.Always remember to do the math analysis and try to look at prospective properties or have a contingency clause in the purchase contract that allows you some upfront time (about 10 days) to make a detailed inspection and possibly back out of the deal without a penalty that hurts you too much.  

Now rather than losing money by having the equity sitting in the property you have converted it into a revenue generating function AND you are utilizing debt to to generate revenue as well, without decreasing your cash position.  

A sellers physiological commitment to the property decreases after signing escrow docs and increases your chances of getting what you request.Franklin

Lease options, contract for deed, seller financing.....My goal is to create passive income, decrease tax liability, have access to the home equity (to pull back out the money we invested and continue to the next property). 

Getting a mortgage that requires 20% will help decrease you monthly payment and while typically be offered by most lenders if you have good credit.

Could I expect the decrease to be 8% again?