It's always funny when we have a vacancy and a potential roomie declines because they "NEED" their own bathroom, larger bedroom, better-looking appliances, etc., then several years later that same person contacts us no longer "needing" those things and far more interested in the great rent deal....

Sure, you could decline the extension but that just put you on a buyout list.

Overcoming its previous reputation as a city in decline, Detroit is now attracting individuals with larger budgets because their money can stretch a bit further in the city.

A strategy that revolves around keeping a low profile really does mean that you will not know how many times a lawyer has declined to take on a suit because they could not tell if you had any assets.

This makes me nervous as I don't want my money tied up in escrow for 6 months just to find out he got approved for the short sale but declined to accept the remained as an unsecured loan.

As for showings we typically decline people who want to see the property before renting but have made exceptions for very long (and lucrative stays). 

If you have a bad feeling I would just decline him and not bother asking for any other documentation.

Some insurance policies may decline to cover the cases in the 100K range depending on the specific facts of the case.My jurisdiction is pretty pro-debtor, but you see a general (not my own) success rate of about 60/70% (again rough estimates) for all cases total. 

Prices are declining but interest rates are going up.

Second: Times of high interest and declining rents are usually not good times to invest in multifamily.