If it is not the right price to list, I would unfortunately decline the listing.

With projected low prices on oil for the next 6 to 12 months and the just announced layoffs and shutdowns in oil field services and leasing will North Dakota continue to be a high growth state.Another one is that Michigan is just now reversing population decline that ran unabated since 2000.

Overall, you want to invest in a market moving in the right direction versus stagnation or declineI like the market to have a diversified set of industries / employees - that way if one industry declines in the future or a company goes out of business or moves it doesn't depress the city (think of upstate NY when Kodak when out of business)I like purchase prices to be more reasonable and closer to $100,000 for the median property price.I like a city that has a relative high percentage of the population that rents so I know there is a large and vibrant rental pool.  

A Trustee named in a Deed of Trust is not a party to the making of that agreement other than to serve after the deed has been executed, in fact, they have no duty to act as they may decline to do so.

Thanks in advance for everyone's help.I've come across a potential deal in a mid-sized Ontario with about 150,000 people, and relatively stable economy/population (hasn't moved since 2000, but it's not declining).

What neighborhood is it in and is that area climbing or declining?

If its still declining, personally, I wouldn't want a part of any declining area. 

Gateway School district (the school district of monroeville) has gone from AAAA sports to AAA which alone is an indicator of a decline in population.

View interactive map displaying SFR returns in all 375 counties analyzed.Rental yields decrease in 57 percent of marketsMedian sales prices for single family homes rose faster than average fair market rents in 213 of the 375 counties (57 percent), resulting in declining gross annual rental yields in the same percentage of counties.Counties with the declining gross annual rental yields included Los Angeles County, California; Cook County, Illinois, in the Chicago metro area; Maricopa County, Arizona in the Phoenix metro area; Miami-Dade County, Florida; and Queens County, New York.MethodologyFor this report, ATTOM Data Solutions looked at all U.S. counties with a population of 100,000 or more and with sufficient home price and rental rate data.

If you structure it a lease with a declining balance option to purchase, you are on better ground.