I am from Chicago, but even being local it's VERY hard to predict how long it will take to stabilize an asset in a rough neighborhood...and guess what!  

LTR is a bit more consistent and predictable in terms of rents.

You can’t really predict how much your property taxes will go up, not even the county can give you an exact number until it’s reassessed.

It provides stability in an overall portfolio and sometimes gradual, more predictable returns.

Here is an excellent article on housing market expectations on appreciation from one of the world's top investment banking firms Goldman Sachs: What are some of the big differences you’re seeing among US regions?
"Ye...

The guaranteed income can make things a lot more predictable!

I am just curious what people are predicting.

Since you cannot predict what things may cost 10 years from now, its not really useful in my opinion to get too detailed trying to analyze the way you have here.

It's difficult trying to predict where the rates will go.

An owner trades the predictability of a low Flat Fee (which is typically charged every month whether property vacant or occupied, tenant paying or not), for less PMC alignment with the owner's interests.