Having a 20% equity cushion is a less riskier proposition for the lender that having a 16.67% cushion.OK, so let’s say your home does appraise for $480,000 instead of $500,000.

But if you have the right team around you it can be a relatively low risk proposition.

So when they do their March “workshop” with city council, they will present their concerns with the current propositions and do have influence on the city council.  

Yes, I don't think it should be an either or proposition.

For example, whereas an even moderate multi-family to large multi-family player has their own benefits with respect to building out larger planned projects, smaller players now have the time to create reduced competition based on the questions of: do the changes make certain lots or existing properties that you looked at/are looking at have a greater value proposition that you can perform on?

So, in the end, it was a scary proposition for me to give my money to someone that's numbers looked good because they were going to increase rent every year, refinance at low rates, and then sell the asset for double what the syndication paid. 

Value and income are two different propositions.

Relying on cash flow to live is a risky proposition that is dependent on many factors all of which can evaporate in a flash. 

Not that this is the most practical idea, but would certainly be a little quirky proposition for your AirBnB; You could put an enclosed slide from the top level that goes to the bottom.

I definitely see it as a value added proposition.