The decline in Cleveland's population means nothing. 

I am looking to syndicate a deal in st louis , MO for a multi family property.While doing my initial DD i found that  St louis has a demographic loss of about 1% a year.The property is renting below market rent and with Capex put into the units it can be making another 10-15 cents per SF.I wanted to get a feel for how you all treat population growth/decline when analyzing your potential investments.Thanks in advance

The best time to look for the next deal is right after or even during the submitted, declined or accepted offer. 

Take Atlanta for example: we continue to see job growth, office rents have reached an all time high for 2 consecutive quarters, office vacancy rates continue to decline and there is little office construction.

But as the economy declines in the next year or so, HELOCs may dry up so keep that in mind.

Did you receive the exam that shows the issue, or did they decline to simply perform the search? 

Your leverage point is over the top intense, what reserves do you have if the area declines, again, and rents drop 20%?

Looks intriguing, but it is located in a small town in Ohio, 50+ miles outside the nearest metropolitan area, with a declining population, a per capita income of $18k (vs $27k for US), with 3 maybe 4 street parking spots, and with its 2 bedroom apartments currently renting for just $500/month.It could be a winner, but might be a value trap too.  

We were having regular meetups, but since COVID, the meetups have unfortunately seen a decline.

Thank you for replying and you are correct with the postman declining delivery and that is what I want to avoid.