Hopefully, your thesis is proven correct and we'll see some stabilization or even a decrease in prices!

But you're already receiving excellent returns on your equity.My 2 cents is you should hang onto these homes,  increase your income, decrease your expenses, and buy more rentals with the extra money you save.

Increase your income, decrease your expenses.

The outcome was, a lot of learning, decreased bills and a butt-load of equity.

I will most like cross that income threshold in the next few years and the benefit will greatly decrease.

Doing a mid term rental in Texas with solar and was hoping to take the depreciation before the % decrease.2) Any suggestions on becoming active VS passive.  

Now, if you had a property contingency on your "AS-IS" offer and after a licensed inspector discovered something that the seller did not disclose or was unaware of, you have two options: 1) You can back out and recoup your EMD or 2) You can let the seller know that due to the findings, it will cost you X amount of dollars, which were not apart of your original numbers, therefore, since it is an "AS-IS" contract, the seller would need to accept a decreased price from the original purchase price on the contract. 

Civic struggling decreased products and what they accept.

Negotiate a few concessions from the sellers and save that money.  4plexes are infamous for being higher maintenance but if your cost of living decreases by $1,000+/month, that money will serve you well to keep the property nice and increase your net worth.Good luck!

This is due to increasing demand and decreasing supply, as shown in the charts below.Rentals - Availability by MonthThe number of homes for rent dropped rapidly in the last three months, showing decreasing supply.Rentals - Median Time to RentMedian time to rent dropped significantly since February, indicating increasing demand.Rentals - Months of SupplyJust one month of supply for our target rental property profile.