And there's so much more I don't know yet compared to what I do know.

Quote from @Tove Fox: What are the pros and cons of each when compared?

Isn't capital gains tax rate lower than income tax rate for comparing basic CD income vs continued property (hypothetical appreciation?

If you compare it with growth from Stock investment you will be disappointed.

Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.

You're very under leveraged compared to most investors trying to scale.

And at what nominal price compared to the $24mil they paid in 2019? 

- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?

there are ways to get around the highest and you also need to take into account the savings you will generally have on the purchase side when compared to other regions. 

You can find comparable sales in 2017 and use that dollar/acre figure to arrive at the fair market value then.