Each recovery has also varied, as indeed will this one.

Retail is further back in the recovery cycle for multi-unit properties to where multifamily was 3 years ago.For 2 million it will typically be a recourse loan with a 25 year amortization fixed for 5 years around a 4.2 rate putting 30% down.You get into minimum loan balance of 2 million paying close to 2.75 for it then a bunch of non-recourse and non-bank lenders pop up.

I<----------------------------------------(- $115k)------------------------------------------------X            CF recovery Yr #1:       .     

I read other folks say that it will be a v shape recovery.

Good recovery!

It also was the basis for the fastest economic growth in the nation's history in the post war era second only to the economic recovery from the balloon popping in the mortgage industry.I'll mention too, the importance of housing to the economy is one of the main reasons that dealing in real property is different than dealing in personal property (which can be reproduced, duplicated and marketed), after all, they stopped making land!

Further, the distinction made between transfer of ownership as opposed to recovery of funds is a futile exercise on respondent's part.

He spends 40+ hours a week managing our day to day recovery.

If the latter, the recovery time should be fairly quick as the boiler would be doing the lifting.  

Before switching the hot water heater, test the current one to confirm that both elements are working ... sounds like your tank recovery is lacking.That said, I would definitely recommend moving to a 1.5usg shower head.