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

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.

BRRRR in Detroit makes a lot of sense, especially in path-of-progress areas, and rent-by-the-room could be a great cash flow play as long as you optimize for tenant quality and lease structure.

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

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

I think the bottom line is that he played fast and loose with our money.

They are too close for comfortable game play.

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

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.

Not a single one of the properties I was under contract for made any sense once the massive price increases were put in play.