Great insight on the cap rates decreasing, I'm certainly doing my due diligence as I look to deep dive and familiarize myself more with the greater Atlanta area. 

Your wealth is trapped until you sell or refi.Increasing your investment (to build equity) will decrease your ROI.

They say "oh, I can decrease my maintenance, or my CapEx, or my vacancies, or my property management - any of these will increase my cash flow!"

As an investor with fairly high leverage right now, I take several factors into consideration to assess the risk of this leverage, and get a level of comfort with what the risk mitigants I have in place:- How much excess cash flow do I have to cover vacancies, potential decreases in rents, to catch up re-filling reserves, etc..- How secure are my cash flows?

But I'll have to wait years for the mortgage balance to decrease to build enough equity.

Do you think the cost of the house will decrease significantly if go disclose the un-permitted work?

Like another poster said you would need to significantly increase your income or decrease your expenses if you want to get loans.

Sounds like its best to just decrease the period.

Penney closing it's a matter of seven point twenty-nine billion in CMBS debt and decreasing sales.

Historic designations can come along with great benefits but rehab costs will increase and your rehab choices will decrease.