Houston tx location. gas stove and gas heaterI would look at what your electricity bills are and increase or decrease based on number of adults living in the property.

You can actually decrease your debt ratio by buying a rental property assuming it gets enough in rents that after the 25% vacancy factor and subtracting the PITI, you have a positive number.

Typically once road work improvements are complete for your area it is a benefit unless the traffic is diverted away with the improvements from your road decreasing traffic in the future or making the road wider will have the DOT take part of your land adversely impacting what you can fit on the site.

I am sure that people that bought in more speculative areas saw the more dramatic decreases that you describe but that is to be expected. 

unless you have some rentals by the end of the year, I am not sure how having REPS status will help you in 2023.A Flip by the end of the year(normally considered active income) will not decrease your taxable income unless you operate at a loss(which you likely don't want to.

Sellers are holding on to their properties in the hope that interest rates will decrease before their current loan terms expire.Based on the discussion above, it is clear that rent growth over the next 12 months will not have a sufficient impact on property values to offset the current interest rate environment.

Just to clarify, there will not be entitlement nor LADWP, this is a tenant improvement interior project where the permit is approved (We just need supplemental for non-bearing wall layout change) and we're decreasing occupancy.

I recently decreased the rent $50. 

@Michael Terry  The challenge is the level of control you will need to give up and the cost (decrease in yield/profit) to have someone handle all those aspects. 

A lot of price decreases, days on market increases, and inventory increases can be attributed to some of the damaged properties that have been listed.