If the first applied person declines to rent then I move to the second person and so on.

Thanks Bruce, Kelly,I live in a midwestern city that I love dearly but has been on the steady decline and I badly want to move (think rust belt, cloudy days, and cold weather).  

I have found that most people can not do all of these things great.I can say from my experience that when we tried to do other things besides managing and protecting peoples investments, we noticed that our level of service was declining and we very quickly decided to not do anything but property management. 50-60% of our clients do not live locally or in the country so we are very familiar with what out of town clients want and need.Below are a few questions I would ask if it were me, and if you like feel free to send me your email I can certainly help you anyway I can.Questions to Ask prospective management companies What are your average days on market for vacant homes?

An individual lender could make a decision to treat all credit cards that way, but that would also be a conscience decision to decline many otherwise well qualified applicants.

This is a deeper conversation, but I don't think this can be defined as a bubble, since there is no asset connected with the lending (like there were houses in 2007, dot come stocks in 1997 or tulips in 1637).The second concerning factor is the demographic decline in traditional college-age students over the next 10 years.

@Neil Aggarwal problem is that the analysis being done is based on rents that move and that R&M as well as principal payments on loans means a declining asset could be problematic.

I work in the oil and gas industry (Gulf of Mexico) and there is a slow down with the decline of oil prices.  

For some reason, the tax appraisal value has been declining by 8% consistently over the last 5 years.  

If you can achieve annual returns of at least 6%, this is probably the better option.Bottom line:  A prepayment on your mortgage can be viewed as declining a low-interest loan.  

However once prices start to stagnate or decline it hits the suburbs first since there is less demand(and possibly more supply).