Austin Texas has great prospectus for long term buy and holds, but our ROI is declining as SALES prices are rising faster than rents.  

This is bad because if the builder started selling similar units for (X) amount and now they are being sold for less they are creating a declining market.Those new flash sales or lower priced inventory being sold for less cause the other homes to be worth less and hurt future equity or neighborhood growthThe best way to check the danger zone or look for red flags is go back and look at all of their sold homes over the last 3 years.

Furthermore, the "budgets" they've provided for the last three years are the exact same - a literal carbon copy except for the fiscal year period as a the heading.Property Decline: Condo complex (brick) was built in mid-1960's.

What happens if you decide to move/ no longer want the house and the market has declined over the next few years so you have no exit?

I am now seeing carriers decline properties with roofs older than 10 years and to Jays point above extra claims may make the policy more expensive or you may not have access to one at all with more than one claim in a 5 year period.  

High End homes and especially waterfront are for sure in decline here as are rents.

Is the city really declining and or are you seeing a lot of people move out of Indy due to higher cost of living and using Anderson as a commuter town?

It is any wonder that as the veil has been pierced, the value of those dollars has declined? 

Don't get caught by someone trying to work in a decline...and hit you for specific protected reason. 

Our goal with this app is to get an idea of who we are showing, whether they might pass our screening if they apply, and if there is any danger to the agent showing the apartment.So far, I have noticed trends of criminal charges in Chicago & Cook County for things like theft and domestic battery with the disposition of "Nolle Prosequi", which I think means that they were brought up on charges, but the prosecutor declined to prosecute the case.