In MN our season change makes the market slow, but the pricing is astronomical for the area.

Some of the cost estimates I have seen are astronomical.

A lot of them contrary to popular belief on BP are pretty experienced folks and looking for that next edge.But a lot of them are pure beginners and the success rate for them is astronomically low...

I know there are plenty of people buying these larger properties without astronomical net worth and down payment money.

Yes you get results in 72 hours, but the cost is astronomical.

Rehabs in Detroit now are astronomical expensive!

It's astronomical to get an education on something you want and earn money while you do it.

The answer to that depends on whether you want to be a chemist, physicist, geologist, astronomer, etc.

If I did such a setup, would the electricity bill be astronomical for my tenants? 

Need to crunch more numbers because they have astronomical HOA fees up there and 30% (of rent) short-term-rental management fees so that might kill all profit - but if I can find something that cash flows even a small amount after all that and it's also something I can get enjoyment out of, I would really like that to be one of the properties I acquire with this equity.Pay down my primary home mortgage by about a third to save on interest long-term; wait to buy further rental properties until I have a down payment saved up.Buy something to fix and flip, repeat (This has always intrigued me, although I'm not as comfortable with this as buying a rental simply due to familiarity and lack of time to do repairs myself; for the right numbers and if I built a network of contractors to help, it could be fun.