Have you talked to your agent about a schedule of price decreases? 

If your value is decreasing, then it is harder to leverage for your next deals.  

Also, how in the world did rent decrease by some 30%?

Had to pay $10k over listing but Leah was able to negotiate $6k in seller concessions which helped decrease the downpayment amount.How did you finance the deal?

To me, it got better as my expenses decreased due to paying off the loans. 

Did they decrease based on COMPs?

Chicago month over month decrease was only .6% vs a national average of 1% this all with interest rates in the 6-7% range.

Median home prices have continued to go down, now looking at a 10% decrease since the peak in April.  

The supply will change which will temperate RE price fluctuation.Time will tell if my prediction is accurate, but I do believe that using the RE price impact of the rate increase to forecast the RE price impact of the rate decrease is a sound method (but not guaranteed to be accurate).Good luck

We just acquired an apartment building in a nearby suburb where we were able to see a 1/3 decrease in the taxes due to us buying below market value.