I don't have a crystal ball, but when rates drop X years from now, refinance to lock in a new rate and pull your capital back out.

HOWEVER, I deliberatetly make consciuos efforts to SLOW it down as it tends to blind your reasoning power when investing....To put it mildly, emotion is NOT good for investment decisions.....Its like making a decision after a couple of drinks.....You need crystal clear head and mind to make the right investment decision....Congratulations on your decision to invest, but, slow it down.......My one cent! 

@Crystal Smith has a good point to engage a self-certifying Architect however realize this puts more liability on him/her and could be more costly, however typically when done here in NYC, it makes getting permits much much quicker.

In the previous doom and gloom thread, I stated in easy to understand terms that I had no crystal ball to see the future-just what I'm doing.

@Crystal Francis welcome to biggerpockets.

Quote from @Crystal Smith: Hello!

No one has a crystal ball, and a lot of people are just waiting on the sidelines for the right time.

While I don't have a crystal ball to know this for certain, I know rents are certainly going up in the near term.

I am just getting started investing in real estate and am looking for a meetup/group to network and learn with that is somewhat close to the Crystal Lake Illinois area (McHenry County).

Before I purchase a property, I ensure there is a $5,000 CAPEX hedge and that the property will produce the cash flow and ROI I laid out in my crystal clear criteria.