I just ran across a price decrease on a self-storage business here in Texas.

I can say that if the per capita household income (adjusted for actual inflation) is decreasing in a location, over time property values and rents will tend to decrease. 

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.