That 12 months would not be a whole lot of time to also support market appreciation in any significant amount so that the refi LTV was still within the 75%-80% range for the lender.I have a strong inclination that such situations are very few and far between and would likely rely on a few years of super market appreciation like we have had in the recent past (and very little chance of that continuing for any future plays of this nature). 

Supermarkets are good too.  

Post-crash, buyer's market everywhere, prices were down 40%, or more in great residential areas such as Laguna Hills. 4Plexes in Anaheim were being bought like candies in super market.

I heard the newest key indicators are super markets, public transportation, co-working spaces in the area, decrease in crime.

@Thomas Hickey Starbucks;-)When we were in Austin a couple of weeks ago, I believe the markets that foreshadowed progre$$ were MT SuperMarket and Trader Joes.

@Jedd Braunwarth I work for a grocery chain called Publix supermarkets.

However; this park will be located within city limits on a good location with restaurants and supermarkets nearby.

It could be a supermarket(a big one) or it could be clothing.

Please share what market you invest in.I don't know that we are some super market tested property manager, but our policy has been to increase the rent every year by 2-4%/year. 

Do supermarkets still have the cork boards where you can post local ads?