My wife and I decided to move to our land in South Texas and I was able to observe the problem up close and came to embrace the vision of the National Association of Area Agencies on Aging.

What is the most feasible and cost effective way to add a rooftop deck on a property that currently has a pitched roof?

Find out about the neighbor having access to the rooftop deck of the auction property. 

Had you posted primarily about note buying, I would not have replied at all because my only exposure to that is the PPR note class and observations from the class the notes appear to sell for market value or above.  

I noticed a couple interesting observations in this thread.

I'll message you to discuss actual markets still within the gentrification phase I've observed that will have a much lower acquisition cost. 

After some observation, we decided it was just noise - no one was watching it; they were looking at their phones. 

Mine typically do provide pictures of anything observed to be out of the norm when they arrive at the property to clean.Sorry for the confusion! 

Definitely second this - if you were thinking of taking 65% for yourself I would imagine you're pretty new to the STR management space (not a criticism, just an observation).

This is consistent with data from sources like Zillow, Redfin, and the local Santa Barbara Association of Realtors.However, when I go to "Pick Markets" and select Santa Barbara, the median home price listed is $620,000, which doesn’t align with what I’ve observed locally.