On the other hand, if the population is static or declining, it may be better to sell the property.What to RenovateRenovation is the process of transforming a property to increase rent, decrease the time it takes to rent, and reduce maintenance costs.

House sales month to month looked steady, no increase or decrease from what I was reading.

And two, the diamond amenity passes are decreasing as they are tied to the condo unit, so when selling, if not transferred with the property, that unit no longer has the option to simply purchase one.

I am currently tracking salary increase and overall number of jobs increasing or decreasing over the next couple months.

This would be the best financial move since you avoid taxes, decrease your monthly payment even with higher interest rates, but this is probably a step back in lifestyle for you, if you live there.

By not providing appliances, you will dramatically decrease the number of interested applicants.

@Mike Schoeffel I’ve had difficulty in cold areas and had some vacancies until March, even with rent decreases.

Even if the prices do correct further though, I wouldn't be concerned since rental prices have historically increased even during periods when property values decreased so as long as I don't intend on selling the property, the currently appraised value of a property I own doesn't affect me.

However, your 5 and 7 year property are already fully depreciated which will decrease the benefit.

However, for us, while this strategy would increase our net worth by decreasing our tax dollar paid, it reduces our investing fund in such a way that could be detrimental to our investing strategy.Additional Drawbacks include:Less Flexibility - By putting our money into our retirement accounts, aside from the loan that we could take, that money was pretty much locked upHigher Risk - In this scenario we were relying on our rental income to pay our bills.