never see the loan balance included as a metric in any investors analysis, unless it is used to calculate equity, in which case, you are looking at IRR, and more equity diminishes your ROI.

Land is also a resource that is diminishing in the world so I feel investing in real estate is a great opportunity for people to get into while its still available.

@Daniel DietzAdding shares diminishes the value of the shares held by the entity's current members.  

If so, perhaps the seller surveying the parcels they are retaining would be an opportunity for you to enlist the same surveyor for a diminished fee because they have already done most of the work.

@Ryan Johnson,Lates have an immediate impact, but it diminishes over time.

So how will that affect the investment property market, when looking at it through the lens of purchase price, possible diminishing monthly income and increase in values.

The Contractor always feels like he is getting the short end and your friendship will diminish over time.

I see no signs that the future of vacation rentals here will diminish, quite the opposite. 

That is not to diminish your point, I do think it's a very valid concern - and something that concerns me in the overall Connecticut market due to it's unfriendly business practices - but just know that market risks will be everywhere.As a side note, Cigna is in the process of being acquired by Anthem unless it is blocked; and Aetna is trying to acquire Humana (not be acquired).

That will be "diminishing return" on investment.