My first house hack was just a SFR that I rented all spare rooms to friends, I was able to decrease my housing costs but was still out of pocket just a bit. 

This is better than duration decreases with FRMs.I also think some ARMs with low ceilings, non-volatile fully-indexed rates, etc. are better product than 20-year FRM debt with high constants.

According to FMLS there were 2,840 residential sales in January of this year, which compared to the same time frame of 2022 was a 37% decrease.

Tucson has it's own and the last I knew the state of AZ has about 13 separate MLS's.The US recently had over 900 MLS's, the number is decreasing as consolidation takes place but it's a painfully slow and political process. 

If the property is totally not destroyed, as in your case, the Insurance company usually gives you less than the actual decrease in the FMV of your damages because of your deductible. 

Residential prices tend to decrease.

Supply for renters is decreased because homes that were previously used as traditional rentals are now being converted to Airbnb properties. 

It also decreased again when you have more than 10 properties.  

In my market sales volume is still good, there are more price decreases than contracts right now. 

Yes, that also accounts for your Taxes and Insurance, so your debt service should go down too, but not in lockstep with the decrease between gross rents and NOI.The correct calculation would be NOI/Debt Service, so $6,600 (or whatever NOI actually is)/(P&I).