Decreased expenses?

Are rents decreasing,flat,increasing?

Deflation is a decrease in the supply of money.

It also has had a large decrease in population for the last decade and more.

I like the idea above in calculating how much vacancy (or decrease in rental revenue due to dropping rents) can occur yet still be at break even (or whatever acceptable negative cash flow you can financially handle).  

(though as we all know these numbers are probably way off.)All of that being said, my wife is now completely turned off due to the fact that it's not a "cute little apartment complex".Here are my thoughts with what I would need to make this fit for us.PP go down to $175k-$190kOwner finance at 5.25%-5.5%Some agreement on either decreasing the $30k down payment or having owner fix/invest in a certain amount of things before I buy.

@David Hayman, I'm not an accountant, so you should talk with a local professional, but if depreciation and other expenses cause your rental property to have a loss, then you can use that to decrease taxes on W2 income IF your income is below a threshold (it starts phasing out over $100K in income I believe).

The MPC tells us that the value to a consumer (borrower) decreases as consumption (ability to obtain funding) goes up.

I personally would not want to invest there because according to the population statistics, it has been constantly decreasing for the past 20 years.  

If approximately 25 units (47% of 53 units) are vacant simply because of a need of updating, immediately after purchase, why not immediately decrease the rent on say 15 of the 25 vacant units by an amount (e.g. 10%) to increase your short-term cash flow by enticing tenants to overlook some of the required renovations for a slightly lower rent.