We've seen our area MLS which covers about 20 counties come down to an average sold to list price ratio of 95.1% and Knox county specifically has come to 96.4 % which is lower by about 2% from this time last year and down from our peak this year of 98.5%. but it's about in line from winter 2022 into spring 2023 which was a time when rates were rapidly rising.

Hey @Meghan BegueI used to live in the Springs but now live in Denver and invest out of state.

I would say air on the side of caution.  

-Most, if not all, of our houses were at least partially occupied during the spring when school went online.

Unfortunately sequencer returns, or down markets,  rising interest rates and inflation can greatly affect your retirement income.By using the process the Tardus has patented, I find that their innovative solutions to retirement income are a breath of fresh air.

So unless the Fed is willing to start dropping hundreds of basis points at a time and without doubt unleashing a significant inflation "spring", or Fed's stepping in to convey some form of CRE finance relief something...... well the math is clear, Q1/Q2 '25' is gonna get real interesting real fast for Commercial Properties. 

At a 500-700k budget, I'd look at a 2-4 unit property in places like East Nashville, Colorado Springs, Raleigh-Durham, Richmond, VA, maybe Salt Lake City (though that budget might not cut it there).

Your just rambling on and on with wildly bizarre things, plucked from thin air it seems, speaking NOTHING to the actual conversation here. 

Get it rented through the winter, then you can rent it at market rate in the spring/summer.

There are several STR's on AiR B&B that do not abide this; are they likely operating outside of permits or does the county make exceptions?