Instead it goes up every year so if they go out in year 4 of the 10 year lease you have extracted maximum return.

This is about as much as I have been able to extract thus far.

If you find properties with this type of value add, your ROI/COC will be great even if you cannot extract all of your investment. 

Anyone can do it to extract that appreciation with just a little effort. 

in addition, you could have extracted value via a refi without being taxed at extraction for that money, 1031 to another property deferring the taxes, die and have the entire gain vanish for tax purposes.   

In a few years extracting the knowledge I have gained over the last 15 years, they would be steam rolling over my old "35 year old" a$$ and making everyone in thier path allot of money, including me and ?"

How can you make moving every 2 years worth it (a killing) if there isn't 30% fixer upper profit to extract tax-efficiently in "E"?

Not only could it save your skin, but also dissuade stupid lawsuits because you would be too hard to extract money from.

If I had not extracted value I would be rolling in cash flow. 

Imagine the cash flow I could have if I desired (my cash flow is not great because I extract value regularly and because I prefer my return to be in tax free or tax deferred sources and cash flow you get taxed on yearly).Case Schiller used to (maybe still does) publish a residential market performance ranking since 2000.