Family of 3 married in the military. 1 rental property in nh values at between 160-180k depending on the day. Brings in 2k rent per month. Every qtr about 1200 in taxes. This is what I have the heloc on. New house bei...

Unless we have a mass exodus of people, I don't see this changing anytime soon.There are a lot of variable factors that go into population growth and reduction, beyond just the price of oil as it trades (as some would have you believe).

Some individuals have variable compensation, equity comp, maintain equity in properties and then sell, have large value add projects that sell or refinance, live in flips, markets go through cycles and you buy no properties in one year and then ten in the next, have spikes in market appreciation and a subsequent sale or refinance, kids age and budgets stretch in the driving and college years...the list goes on.  

Justin - I've found communication to be key and very often highly variable among sponsors.

(All of those things can be had on variable budgets.) 

Drop it to perhaps 5.25% on the interest rate; it will be a relatively small amount of savings.However, there are a lot of variables for your future self, where will you be 3 years in life?

That’s like a car company saying “gee we can’t tell you how many mpg your car will get, there’s too many variables”.

It can result in higher interest rates during the construction period though (they're usually variable at that time).

In spite of them not meeting that arbitrary criteria, they were all good to excellent investments   Oh sure, there has to be variables.

Detroit has the potential for high returns and also has high risk.I look at returns as a function of three variables. 1) risk 2) effort 3) knowledge.