Fences, window bars, enhanced door locks, cameras and security lights are all options.

That way you know you can duplicate or (with enhancements) do even better.

Assuming the following, I don’t understand why the bank would care..1) I have 10-15% of my own capital in2) they have 80% LTV3) debt service and all other relevant ratios are in good order If my note with the seller gets forgiven it only enhances the banks position. 

They provide disclosures to you, hold the tenant / buyer accountable for their commitment in following the customized credit enhancement action plan.3.

It won’t be a total loss since I own a second home adjacent to the lot and part of the reason for the purchase was to enhance the water view and allow a dock to be built which needed permission from the adjacent owner (me) to build within the setbacks.

But not implementing the MOST requested feature enhancement in 3 years is inexcusable and unacceptable. 

However if you can look at longer time horizon and become a buy and hold investor who occasionally sells a property then 1031 exchanges can be the most powerful tool in your arsenal for tax relief and enhancing ROI

Using an artificially enhanced 2005 value to justify making a sound investment decision in today's real estate climate holds no water.I congratulate you on your success.

This will much enhance your chances of success - bedbugs are hard to exterminate.Once you think you have completed the treatments successfully, there are bedbug sniffing dogs that you can hire (relatively inexpensive) to get a certificate that the bugs have been completely cleared (or not - whichever may be the case...).  

To sum it up, it's really an enhanced form of arbitrage where you use a line of revolving credit to pay down big chunks of your amortized home loan.