The town I invest in has occupancy limits,  meant to maintain the health and safety of the infrastructure.

@Johnny Manziel who owns the utility infrastructure, the park or the town?

Since the water supply of the town could never go up there with the frankly primitive water infrastructure of the time, the land was worthless for housing, although it commanded fantastic sunset views of the Gulf of Corinth.But the guy claimed that he had found a natural artesian spring on the land, and that's the land what he was selling.

We cleaned up the land and the structures, added some basic infrastructure, and waited for the opportune time to decide on what to do with the parcel.

This will just bring more traffic so there will be some infrastructure improvements in that area..

I'll try to monitor this thread so I can jump in with any info that would be beneficial to you and the others. 

Infrastructure is growing here too and attracting companies. 

The cities often have hefty fines for illegal vacation rentals and they do monitor that market. 

The Las Vegas housing market has been extremely hot recently but prices are still noticeably lower than the 2006-2007 highs.I would greatly appreciate any thoughts.Here are some options for you quick readers who don't have time to write a full explanation for your decision making.A) Hold forever    B) Sell Now  C)  Hold and monitor market closely  D) Sell before the 2.5 years to avoid capital gains taxThanksBrett

Infrastructure is most important.