Many of them won't be convinced by facts, such as how much revenue STR's facilitate in and around Asheville, and will continue to push debunked sentiments about affordable housing, but the threat of lawsuits might make them play nicer.

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. 

They are too close for comfortable game play.

And a single or double play is awesome.

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

 @Drew Sygityes it only applies to owner occupied properties regarding penalties, that is not 100% correct, there are fdcpa violations as well as potential state law penalties that can come into play that can be very significant. 

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

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.

we invest in value add plays (no major rehabs) 10-40 units.