My guess is their take out declined once the file was complete.Happy to help you with an alternate point of view.

Rates should be starting to settle/ decline by then. 

(When they go back up after a Prop 8 decline in value, they're not restricted by the 2% per year cap.

- Did you see a decline in tenant demand with Covid?

Cincinnati has had a steady population for quite a bit (NOT declining) and many cash flowing properties. 250k cash can get you far here.

Specifically, “In the absence of policy action [ie Congress], Moody's expects the US' debt affordability to decline further, steadily and significantly, to very weak levels compared to other highly-rated sovereigns [other countries]...”But it’s important to keep things in context.

The strategists argue that a decline in inflation will create favorable conditions for the central bank to make policy adjustments as early as March.Their outlook on the belief that the US economy will enter a recession by the second quarter of next year which will accelerate the timetable.

I tried calling Public housing authority all over Philly but all reps are declining to provide any information to speak to anyone. 

The tenant profile had also dramatically declined from summer to winter.

Local Banks prefer to loan to individuals since "that's the way we always did it" - They focus on YOUR ability to pay the loan and can take 2-3 months to close on a property (or to decline the loan).