I'm seeing DOM go up, but individual sellers are still holding out for what they think they should get.I’ve been buying in the KC market and definitely seeing properties on the market longer and now seeing price decreases.

It will drive up the cost of goods and services, at the same time decreasing the tax base.

I assume this affects future cash flows generated, although bonus depreciation decreases 20% per year going forward.

He says he has no problem if he were to live in this building.My problem, if the population is decreasing steadily, it may become tough to find tenants and that could lead to decreasing rents and then loss of NOI.My agent is telling my own only course is to do inspection and if I do not like results, get out.

In the downturn of 2008-2009 our rents did decrease some but we had no trouble cash flowing our properties each month.

A little decrease in cashflow is okay because you are going to take your 20k and buy another property there by increasing your cashflow above your original starting place.This will only work if you can pull enough out of your existing properties to buy another one. 

They are intended to decrease the surrounding population.

At 62 years of age with my investment portfolio decreasing by 38% in the last year, I was really counting on REI to become a prominent part of my overall plan to put me on a stable platform to generate significant income for my semi retirement and supplement everything else.My wife was against my investment in this program but I forcefully overrode her warnings and went on anyway and now I face the reality that she was right and I never should have done this in the first place.

Data backup is wholly in-adequate.  

But just the tax incentive will decrease the incentives for buying.most media outlets are very skeptical they'll be able to pass such large changes.