So lets assume for a second that there is that loan out there at is a performing rate lower then current rate and the lender does exercise their right to call...I wont buy and transfer title which I have control unless I see at the minimum 25% equity or 52k which ever is greater...

@Michael Quarles  OK mike for a test run here...maybe we can do this as a live exercise for BP and let those interested shadow or follow...

You will definitely learn a lot from this exercise and I recommend all new investors do it.

I, in an effort to get out of constant, repeated field exercises in the infantry of the army's 82nd, I volunteered for mail clerk school.

Any right to buy-out or compel sale of the property shall be exercised as set forth below.1.

I'm actually looking a 20-unit apt complex that going for 1.5M but it needs a lot of work in all of the units so hoping to get that price negotiated down or see if there is a deal that can be worked out with the owner as far as owner finance or something along those lines I want to exercise all the options that I have where I would be able to use the help of others and also have something to offer them. 

Predicting the future based on the past is an exercise in futility.Also this topic has been discussed ad-nauseam on the forums.

Be gentle.

Use a metal one if possible unless if you are very gentle.

I would add that forced appreciation is appreciation too that is not dependent on market conditions ... and any sort of appreciation can be tapped at any time without selling via cash out refinance ... any market bubble pop tends to be temporary and a small blip in the longterm trend, unless you are not financially stable enough to hold through a downturn or think that prices would pop and never recover, in which case you probably shouldn't be owning in that market at all ... appreciation also shows up in ROI perhaps even as you define it and even without tapping equity as rents increase and if you calculate your "I" based on your total actual costs (based on your purchase price) and not current market value ... finally, I would say that I still care tremendously about long term appreciation and my resulting equity position, even if I don't plan to sell or cash out refinance, as it gives me a whole lot more exit strategies and options, which makes my investment less risky and more robust even if I don't choose to exercise these options ...