So both a reduction in existing competition and a damper on future competition wouldn't be the worst thing for hosts who have enough profit margin to continue operating

If that means anything.I’ve been listening to the podcast (BP and BP Money) to get a sense of how the RE market responds in recessions, etc. and it seems as though things might head south but we’re wondering if this is too good an opportunity to pass up and if getting out of renting and on our way takes priority over a potential reduction in prices.

BUT your bid price should be reduced by the percentage reduction in UPB.

This reduction in debt would add$31,807 to your net worth.Tax benefits:Tax benefits are thedeductions you can take on your income for expenses related to owning andoperating a rental property.

What I suggest is that you tell them if they apply and are strong you will consider a price reduction. 

If your PM is suggesting a $25 per week reduction, than it might be a good idea to listen to them and regauge the market response each week.

However, in areas where people may be more used to a multi-family type living situation and are fine with street parking, I don't think you'll see much if any reduction in rent.Personally I set up a separate entrance to the property down a side of the main house and made it clear that the properties had dedicated outdoor yard space.

My mentor taught me to calculate the CoC with the interest only payments of the loan (not principal reduction).

New rules, apparently, under the iRA (Inflation Reduction Act) will allow developers to sell Renewable Energy Tax Credits to other taxpayers.

A “price reduction” is what would reduce the purchase price.