The idea doesn't sound like it would be anything different from a lender's perspective but I've not read about people doing this other than the standard refinance which is normally done with conventional lenders, so maybe with hard/private it could be different(?).

A property on water should help, otherwise all the properties look the same and don’t differentiate much.

I recommend installing automation as one differentiator fromother properties.The furnishings must be durable and attractive to tenants.Quality photos and a property-specific website that provides extensivedetail about the property, the area, fun things to do, etc.Flexible lease terms.

If you are close enough for a quick drive to the beach side you will still get good traffic, especially if you can differentiate your listing a little. 

Do you have a differentiated view as to why Seattle home prices will continue to go up?

I imagine that had the economic climate had not changed this conversation might look different.

I have a 3 and its not just a new car, it just drives different.

If someone is renting section 8 in the hood to single mothers, then the experience will be completely different.

This was 1994, so the world and how to get education was different.

The differentiation happens after: either they keep buying crappy deals, or they evolve and learn to make more money with less effort and fewer resources invested.