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. 

Again, fair play for a major business like this, but it's the old guard who have held up the forums for years, even with their technological ineptitude.

If the airport authority would deed the buildings to me, it would cause them to be entered on the tax roll.

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.

They are too close for comfortable game play.

And a single or double play is awesome.

This is yet another tale of a building inspector who feels the need to assert his authority by constantly reminding everyone, "I am the Inspector." 

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

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