Price fair, don't get greedy, play the long game.

We play matchmaker, put our clients first in all arenas, and also manage.

Austin is more of an appreciation play than cash flow. 

BTW, I am not disputing you, just playing devil's advocate and wanting someone to challenge my thinking. 

Fun example: my business partner had an STR in Sedona with an oddly long laundry room. 

I think I blew 75k before I said screw it this is no fun.. 

Mailing is a slow play and takes volume.

I wonder if the disciplined, long-term play is better than having the cash now.

It's a fun story and it's how I got interested in notes.I bought a vacant, land locked (no easement) lot at tax deed auction (Washington is a deed state). 

I would try not to tie up any of the principal in down payments.Personally, I had a family member do this same thing, but they used an investment portfolio as the collateral instead of real estate.If you play your cards right, this might be the only short-term money you ever need.Please let us know what you end up doing.