If you lengthen the line in one spot, you will decrease the slope on the section you move unless you also lower the ENTIRE line downstream of where you did your work.

If that's the case I would need to raise the rents, get a cheaper interest rate, lengthen the loan, or put more money down. $500K down payment plus closing costs of 1.5% = $507.5K cash out of pocket$25K net cash flow per year after all operating expenses and debt service only yields a 5% Cash on Cash return.The 27.5 year deprecation helps with the internal rate of return and the potential appreciation is appealing for building equity.

If they have to contact you with bids on little things like touch up paint, carpet cleaning, or other small stuff then this will lengthen the process.  

If the distance or height is different, you'll have to do more work - shorten the pipes between the union and the water heater if the new heater is taller, lengthen them if the new heater is shorter, or remove the other half of the union and install a flexible pipe (see below).Sometimes, instead of unions, there are flexible pipes from the rigid pipe to the water heater - either copper tubing (thinner than normal copper pipe, so you can bend it a little), or flexible hoses, sort of like what you hook up a toilet or sink with. 

I do think one of those options is to lengthen the required repayment term.  

It won't change it drastically but it will lengthen the time horizon or lessen the dollars you can put into your hold portfoliowhen you pick up those first flips you will not be able to 1031 out of them into buy and holds. 

I have an equity partner to get the deal done, but going beyond what the income operations can service by much will lengthen the time for their takeout, limit the refinance room (to still be serviced by the income) and will generally close the margin of safety.

Maybe I could have invested earlier and lengthened my payoff to take advantage of better returns, but for me, my path was worth it purely from a mentality standpoint.

@Joe PearsonAwesome - I'll paste those into my lengthening "remember this.txt" file that I haveBy the way - I posted to my BP profile (at the bottom) a link on how to search (for free) Loopnet.com for commercial properties ... hope it's helpful.An app that my wife and I love is called Redfin - www.Redfin.com.

Here's what I accomplished last year:bought my first investment property / primary residence (duplex)made progress on paying off my student loansdeveloped my outline for funding my next real estate purchasereplaced the boiler in my new propertylearned how to plumbworked full-time while completing 12 credits towards my masters degree in traffic engineeringTurned Real Estate investing into a reality and my own businessSome stuff I found I was lacking was at:Pay off more student loan debtMy Land-lording skillsMy Energy levelsMy goals for this next year (relating to building wealth) are:Finish my master's degreeTake my Professional Engineer License examGet my Real Estate LicenseGet my thesis published (arguable as relevant but decided to put it here)Refinance last years purchase to take advantage of sales-price growth and eliminate PMIAdd more insulation and air sealing to duplex to finish energy efficiency grant programConsolidate Student LoansReduce food expenses by $100 per monthRedo my standard lease agreementTransition some hobbies to be more energy building and thus lengthen my productive day.Do one Real Estate investment deal with $30,000 to $60,000 that has an ROI around 10%Hoping to keep this momentum going for the entire year.