These costly improvements are pushing rents up.While effective rents (factoring in concessions) may be declining, asking rents remain high as landlords aim to maintain their property value.

Johnny, I know exactly which lender your working with.I am going to tell you, there are better options.Look around a bit, That prepay is 5% fixed for 3 years.I wouldn't pay 22k to buy a rate down in a decreasing rate environment.A 7.75% on a 3,2,1 declining prepayment is a better bet. 

Some offer declining prepayment penalties (e.g., a 5-4-3-2-1 structure) where the penalty decreases each year, and others waive penalties after a certain number of years.

Many of us had portfolios during the GFC and had no issues (stable or increasing rent and only minor (short-term) declines in value).

Due to the sharp spike in interest rates, buyer activity has declined.

As average incomes decline, city revenues fall.

My property manager is declining to provide a receipt of the repair that he/she conducted.

On the rare occasion that we get an urgent call from someone we haven’t gotten to know yet, we politely decline the loan.If you are dealing with borrowers who have been doing this since the crash, then almost certainly, they will have a bankruptcy around 2010 or so.

He asked for their number to text them which I declined since it isn't mine to give.

But, property in certain specific parts of our country have shown price declines (in real terms, accounting for inflation) over the last 50 years.