An alternative to batteries is a "water battery". 

Turn no’s into yes’s or beg for alternative solutions.

Alternatively, are there some ballpark estimates for each expense item (e.g., 8% for vacancy, 3% for capex, etc.) that can be factored in as realistic or worst case scenarios when analyzing the deal?

Other Suggestions: Are there alternative strategies I haven’t thought of that would allow us to move legally and responsibly under the current circumstances?

Happy to discuss in further depth if you would like.Explore Creative Financing Options: Look into alternative financing methods such as seller financing or lease options.

As others have said, fitting what is popular in your market or what will sell best is always the best strategy.

On the other hand, if you’re looking for flexibility or control, or you prioritize high resale value, it’s worth exploring alternatives like small multifamily properties or single-family homes in areas with broader market appeal.Coming here to see if anyone has suggestions or experience to share is a great first step!

Sometimes that might mean we'd accept a new easement or ROW that was better for the homeowner and still ok for us, as long as we didn't incur survey or recording costs and the homeowner would be responsible for overage, or if the water line work cost $100k on the existing spot and $150k in an alternate spot the homeowner would be responsible for the $50k overage.

Contrary to popular belief, this is not set because I believe it will give me a higher return.

@Kent FordI agree with @Ryan Konen regarding areas like San Antonio’s outskirts, parts of Fort Worth, and growing cities like Tyler and Lubbock, which are becoming popular due to relative affordability and job growth.We will see an interest in smaller metro areas where prices are more accessible and a surge in new construction aimed at entry-level buyers.