I told her it sounds like a good fit for an investor given all the work it needs and asked for an appointment to walkthrough, but she declined and asked me to check back in in 30 days.

I would look at population growth/decline as well and building numbers also.Ideally, an area with a growing population and a lack of new builds tends to = improving neighborhoods. 

There should be enough equity in the asset so that sales can be made even if values decline.5.

This sharp decline is due to a combination of elevated interest rates and sliding home prices, which impacts potential future returns.

You only get 400 characters, so I only put in there what the guest really needs to acknowledge/know before booking (I limit the AC and the Wi-Fi is slow, but saying that nicely takes a lot of characters).If a Guest contacts you asking for a discount, block off a day in the middle of their proposed stay and decline. :)

My question is how do you base your purchase price of the flip when the market is potentially declining?  

Until inflation declines to the Feds target rate, I only see interest rates rising.Prices drop significantly.

I can't help but wonder if the market were to decline would this be a reason among others.  

I've been at this for 22 years and I've never had a loan called.That said as @Bill Brandt alluded to a rising rates + declining values scenario is exactly the reason banks started including that clause in their loans to begin with.

Decline this tenant.