They can provide you with insights and access to deals that might not be widely advertised.

Newer House with Debt: If you sell and buy the newer home, you’re essentially starting over with a new mortgage, and that $160/month in negative cash flow may restrict your ability to save and reinvest.

They are rare, and hard to spot/access for most people.I got lucky and fell into one in 2019 (Detroit) and bought C-class stuff hand-over-fist for 2 years.

Not specific to Blue Ridge, but in CO I just used Steadily as they were able to cover the brush fire restrictions I found that stopped Proper and others. 

This all came from a computer, printer and Internet access that was my startup cost never thought about it that way before, but yeah, thanks for sharing.

If I was doing $5M a year or more then I would potential be looking at it differently.I want to note I have had people who prefer private lending over traditional because they do not want to go through the hassle of traditional and are ok paying more for ease of access/dealing with a lender.

But my point is that I can absolutely access the equity if I were to sell.

This will vary property by property and area by area, but in area not only do you have all the city/county level planning: access, traffic counts, density requirements, unit counts for school districts, sewer capacity, etc, but you also have neighborhood councils which will have additional level of say in final design, scale, unit counts, uses, etc.  

I have access into a volume of on-market and OFF-market actions the novice does not.

Littleton is one of the few cities that don't have any restrictions and have told me they don't plan to enact any.