Gambling on appreciation is just that, gambling. 

@Eric Carr I think it's the property holding pattern while gambling on the hopes of that long-term equity growth is the problem for many people. 

You make the money when you buy, not sale the car; similar to when you choose the tenant out of several applications, your good tenants must be screened when they come to view the property.Regardless, it can be a gamble sometimes.Best of luck!

He lives offshore in the Bahamas and wants to lighten his load. 

Finding any strategy to deal with increased interest rates, other than paying less money for properties, is in essence a gamble that interest rates will soon come down.

@Ryan Rush This business is full of gamble's and risks, it goes with the job... but I would never get so deep that I would put my family at risk..

Judah, i would rather go with the numbers, if you do them right you know it will work, taking a gamble on how you feel about a property is very risky, you could loose a lot if your not careful. i do agree with @Marvin McTaw, there may be other ways to unlock the value of a property if your gut got you to buy the place and its not quite working out the way you first thought. if you know that an area is up and coming and could raise the value then that would be going with your gut feeling and hopefully it works out, but again i feel the numbers and research of an area before you buy is the way to go.

But I view those as a losing gamble.

To be fair, this is more of a gamble and there are higher risks (but also higher rewards).

At this point, it seems like a gamble to try to predict where the adjustable rate would go.