Appraisal is where if the value of the property didn't meet the value of the loan, you can negotiate the price to lower it.

Most hosts just lower their prices when things get rough but guests just want am interesting experience. 

That is lower than market and puts you in a cashflow-neutral situation, but it is unlikely your residents can afford that.

Obviously you want to lower expenses while maximizing revenue. 

In category after category, larger condos and higher price ranges are selling better than smaller condos and lower price ranges. 

I has two GREAT property managers that immediately come to mind, one handling 5 high end high rise condos I owned in Phoenix and the other one handling a 12 unit very lower end apartment building I owned in Arlington, Texas.  

I would negotiate a price point that is lower - maybe the 10-12% range above "market".

We tried to explain this to VRBO call center reps, but they can't offer anything other than telling us to lower prices to pre-Jan 6 rates. 

. -- Thus, you can expect to get Class C or D tenants, which have a 15-25% probability of defaulting on their lease payments.2) If your PMC is lowering FICO to 550, what are they doing to improve their screening in other areas?

Taxes and requirements should be much lower for a LTR