Even at significant price reductions, people usually still can't afford cash purchases.

Now- Should you keep this deal or ask for a price reduction?

Analysis as follows:Cash flow: $150.00 per month X 12 = 1800.00Principal Reduction (equity creating from tenant paying mortgage) = 2000.00 year over your time horizon.Total benefit: +3800.00 (cash flow + equity) year 1.

maybe that might be a reason you're getting a lot of inquiries but asking to reduce the rent.Since they don't even want to fill out the application, they're probably not serious candidates, and there's a big red flag.If a qualified renter ask me for a reduction, I tell them to sign a longer lease or a term favorable to me (such as 16-18 months instead of 12 months; with the last month ending up in Spring), then I offer a 1 time "bonus" of a couple of $$ on the LAST month of the lease. 

On a tactical level, if they just did the price reduction a few days ago they probably won't budge much.  

GE is a solid company and the reduction in dividends created billions in savings to GE.

Have read many horror stories online about FannieMae either rejecting your offer (even if full price) and then re-listing the property with a price reduction or at the same price.

I'm looking for arguments that oppose debt-reduction, specifically in the type of environment we face today.How was your success or failure attributed to using/keeping debt on your books? 

I am not so sure that we are headed for any sort of major price reduction.  

It is also does not take into account debt reduction which is nearing 140k3.)