Looking to learn more about notes before shifting my strategy to investing.

I really think with your guys encouragement I am seriously considering shifting my direction to pigeon forge area.

As you get closer to retiring, your focus will most likely shift and the cash flow will take priority. 

My main concern is banks calling notes at some point if the market were to shift.

Shifting gears a bit. 

@Ronald Rohde I gotcha, recently I've shifted to long term thinking and while this is about me making money I also want to be able to help people.

In some areas, high end prices can shift 30-40% relatively quickly.

It’s highly likely you will not be able to pull every penny out (not necessarily a bad thing, either) due to going over budget, low appraisal, market shifts and a lot of other things.

There are those available to investors, such as depreciation (including component and accelerated depreciation methods) and 1031 exchanges, and the ability to hold real estate in an LLC and gift out fractional interests for estate planning or income shifting reasons, but still retain control of the asset.There is also the ability to refinance and suck out equity for other investments, without it being a taxable event. 

We can walk to everything we need when in London.We are shifting west.