Without doing a deep dive explanation on this forum, I will say that everyone can play with numbers to create whatever picture you want.

@Tom HallAt 7% if you can I would pay it down as investing it net after tax gains may not get you the 7% you are paying - so it’s less riskDownside is you lose liquidity of that money as it’s tied in your propertyIf rates come down in future you can refinance and even take some of the cash out.Regarding your question are rates coming down, a lot of factors come into play but right now it does not appear there will be significant changes to rates over next 3-6 months.

That is our Bible or road plans for repositioning value plays in good hard working blue Collar areas of Ohio.  

The play book as you described is an old one when it comes to marketing themselves nothing different than what the how to trainer do.

It's hard to harvest equity on these plays, unless you commit, long-term, towards very light leverage, as the only practical ways to benefit from the equity in your portfolio, if you plan to never sell it, only exchange it, for a lifetime, are to spend the cash flow, or cash out refi.

I give it ten or so years before we start seeing this play out. 

Other than that, it plays no role in and has no relevance to the mortgage acceleration scenario."

They are too close for comfortable game play.

You have to play in order to win, but if you never get in the game in the first place that in and of itself equals failure.

I would not try and play in the gray on this one - keeo your marketing out of those areas.