As great as it can feel having a massive cash-flow from a property with little to no financing carried on it remember, net cash-flow is taxed, ie diminished, by that dreaded Uncle and his regular shake-down.

. + trading In the 6- 6.5 % cap rate which shows how sought after this asset class has become in the last 5 years, therefore I see the opportunity has diminished  in getting a "deal".

I like the concept of tiny houses however, I am experienced and see that the movement will face stiff opposition and an uphill battle on many fronts with diminishing returns.

However, the pandemic probably has greatly diminished this business model or you'll have to add more private space. 

I'm not sure who the current primary employers are ...in the past, it was manufacturing (which is now probably gone), rail road (now probably diminished), and healthcare (I know that one of the bigger hospitals in the area closed a while ago, and I'm not sure if it was replaced).  ...These days, I'm assuming tourism may be bigger than it was when I was young, but I don't know if tourism has been enough to keep the city in good economic shape...

It makes sense that there is are diminishing returns to planning so far ahead with so many unknowns and at this stage acquiring general knowledge is more valuable. 

There is obviously a point of diminishing returns.

An owner chose to not place their unit into the LTR market when shut down to as COVID starts to diminish have the STR prohibited because you were not selected in the lottery.  

If I over pay at the beginning, that will diminish my profit.

.), the value of your cash on hand has drastically diminished.