I have faced this recently, and price reductions do help get showings and offers.

Linky link.The Department of Housing and Urban Development announced it suspended the reduction of Mortgage Insurance Premiums, effective immediately.HUD sent out an announcement just an hour after President Trump was sworn in on Friday, stating that the cuts have been suspended indefinitely.The letter, found here, stated that the FHA will issue a subsequent Mortgagee Letter at a later date should this policy change.

The market is in Houston TX and it's for a 6-plex with good rental income upside, for now...For those who are experienced and weathered various recessions over time and closed deals right before a major one, what is the general reduction we would see in rental income if we have a high probability of a recession?

@Shawn WilsonI've heard of some sellers that apply a portion of the rent payment to principal reduction.

Other areas like Frisco seem to have cooled.I've been seeing a lot of price reductions in the sale of SFH.

However, it could be pulled off for a price reduction evaluation or damage/vandalism evalCheck the address on Realtor.com to see if it is pending or call the agent. 

Her reduction in pay would just be covered by savings on commuting.

My first thought is this: A .625% reduction on your existing mortgage?

And this was after already allowing a payment reduction two years earlier instead of foreclosing then. 

The fact that it's 55+ community does add some complexity but perhaps with a slight LTV reduction, of 5-10% from the max, it can happen and should be eligible for financing w/ a non-bank lender.