It effectively means a fixed term is in practice a lease in perpetuity until the tenant decides to terminate or the landlord pays a penalty. 

It's very easy to fall into the perpetual cycle of "but is it good enough?"

Have you ever encountered someone from the northern regions expressing a desire to retire in a perpetually cold and overcast place where they'd spend their days shoveling snow in sub-zero temperatures?

As Michael Borger said, trying to "invest" in Hawaii for a cash flowing vacation rental probably wont end well, despite it being very tempting.And again Bobs self invested bias towards this phoney perpetual appreciation speculation in the Honolulu market in silly at best.  

I personally would not perpetuate that practice, even if it meant not being able to pursue my REI interests. 

You could always seek a perpetual easement for the drive or ask if they'll sell the portion of the lot where the drive is located.

To keep it simple, I round to 7%, knowing it meets my 6% rule of 'perpetual withdrawal without touching principal'. 

If you plan to hold your assets in perpetuity it doesn't matter much what happens in the short term.

Most C20's still perpetuate the arcane tribal formula of 1ton per 500sq ft.

It *does* perpetuate the debt cycle but you're also resetting your timeline when it comes to mortgage interest dedications.