Now for instance in North Charleston SC which was a tougher town.. they did build a magnet school that changed that city around I built 25 homes there and the values sky rocketed once that magnet school was built. 

But, if I was forced to move somewhere, I guess I would head back to Apple Valley because I still have family in that area.  

So far, I only have one non-payer, which is actually not even a Covid issue, just a bad apple.

Our next buy-and-hold properties will, more than likely, be out of state.Our plan is to acquire around 10 to 20 properties over the next 5 years and then using the next 5 years to pay them off, swap out the bad apples, etc.

Which I would run the MIRR on that decision to compare it apples to apples.Question is… am I thinking about the use of this $50,000 correctly?

In the fall if you had antiquing and apple picking and all the usual small town activities to drive in the tourists in the winter time skiing, icefishing and all those related activities.

Another point is that we should make sure we are comparing Apples to Apples.

Apples and Oranges, my opinion is that it has already been established the OP has to do home work, and not allow dogs with a prior aggressive history. 

On my first round of RFQ, I was seeing apples to oranges, then I sent them another round where I defined line items, it actually was higher, then I gave a third round with line item and max allowable price, then only one was interested. lol.

I think you are mixing apples and oranges here.