To bring you up to speed on our situation here, Alaska is very much a “one horse” economy: OIL.

I have a horse or 2 that desperately need ridden. 

Well straight from the horses mouth at TripAdvisor that only about 10% of their listing receive as much as 75% of their traffic, while the other 90% of listings are fighting for that bottom 25% of traffic.

Looking at properties now and going what is this or that  is putting the cart before the horse and a waste of time.I do not know what kind of money you are looking to invest but I have clients with very large net worth and liquidity.  

I will just give a little info on the place so y'all aren't hanging dry and to see if interested in this deal with me Will give more detail later if interested. 5 acres of land, small pond, in ground pool, small 3 bedroom house, two big shops/ barns with concrete flooring one has horse stalls installed and the other its just an open work shop both pretty good size.

You should pick comps based on the numbers (sq footage, beds, baths, #fireplaces, deck, #garage stalls)Stay within +/- 800 sf. and then adjust for $25 per sq ft difference for any above ground sf.  

Errrrr...you're probably putting the cart before the horse. 

Figure-1 actually shows that Vacancy INCREASED from the beginning of the Crash to the End as the rising line shows it peaked just at the end of the gray area.After, the line plot went all the way down, showing a decrease of Vacancy, meaning that the amount of available apts decreased.In figure-2 It splits out the Vacancy trends by Class A, B and C.It may seem that Class A properties, like mine, became more Vacant as compared to Class C properties as the Class A plot line rose higher than the Class C.However, you have to understand what went on during that time, especially in places like NYC, Miami, SF, etc. the places that has Yuge amount of Class A multi-family properties.When the Crisis hit, much of the finances for large scale luxury buildings, both rental and Condos completely dried up.These buildings stalled and became stagnant until Credit started to come back years after the Crisis.Also, Luxury Developers like Toll Brothers froze new projects.

Granted that slows the payoff but it quickens the cash building so it's roughly a horse a piece.

Horses, bourbon, national parks.