Anyway I figured it would still be a lot of work with building permits and occupancy and such and anyway the block was all single family but zoned rm1 so more reasons for the zoning board to decline.

She declined the offer.

The potential neighborhoods were declining so I pivoted to a new SFH.

If there are more sellers than buyers, prices will decline, or at best, remain static.

Price already declines in Austin. 

I declined to invest because of their relative inexperience and my concerns about maintenance and CapEx costs hurting returns on $30-40K rental homes.  

There are many Insurance carriers that will decline if the house is on fuses rather than circuit breakers.  

If someone is self-employed its typical to ask for 2 years tax returns in their full documented filed state and 90 days bank statements showing deposits to qualify their income. if her net is well below her gain, she won't pay rent. that said they could be trying to use the teacher to pay bills by himself so keep that in mind.to answer your questions up above. 1) everyone living in the home above 18 gets an application.2) I use the whole home to meet the 2-3x income requirement. 3) short answer if debt exceeds income no don't rent to them, they won't pay rent. you can decline them for bad credit and not meeting 3x income requirement if monthly debt exceeds monthly income.

There is a small senior complex not far from me similar to this that is really struggling to fill empty units simply because of population decline.  

Others have been in decline for a while.