My question to the experts here...

That leads to other economic issues.

There are many other markets with strong economics and investment opportunities.Continued success!

Here were the owner's motivations when he rented me a unit for personal use, at significantly below market, as stated by him:1) He wanted to be able to collect rent every month from someone he could trust (I came on a fantastic referral from a friend and former "pupil" in our college economics classes who is the landlord's cousin).

But with the exception of that aberration the average cost of a house as a percentage of income has not significantly change for almost 100 years.Now you are left with the argument that borrowed will be worth less in the future, that is true if a) your income increases and b) you do not refinance that loan and c) the loan is not tied to economic indicator.

I used to consider myself an expert in creative financing techniques as well as using the more conventional means of the banking industry.

I am no expert in this area but I heard someone recently call it a Fidelity Bond.Chris might be able to shed some light.

If the banks can hold interest rates steady we believe that 2014 will be even stronger economically than 2013.

Most cities have a law in their zoning code that prohibits rental periods of less than 30 days.That doesn't apply to guests, since a guest has no rental agreement.To me, it's a classic economic issue, the full utilization of assets.  

The REITs may be the heavy tanks in the economic war but they can't out maneuver infantry or the special operators. :)