As water shortages happen all of the grass lawns/greenbelts/golf courses will likely convert to xeriscape, or worse (turf) which will only amplify this heat islanding.

An MD’s “salary does not hinge on market swings”.

Any golfers are probably staying closer to Sevierville Golf Club. 

We aren't swinging blind.but I could use some encouragement, biggerpockets.edit: I shouldn't have said "tried to justify", I should have said "justified".

Right now the market is on a downward swing, materials costs are high, the economy is weak, and you have little/no experience.

Hi, I'm looking at a property on a golf course.

We just picked up a higher end 5 bed 3 bath with pool that we are setting up for STR family events (reunions, bachlorette parties, anniversaries, super bowl, Barret Jackson Car Show, TPC golf turnament, and your regular "I want to get out of MInnesota into the sunshine and warm" crowd, etc) and the costs are much higher than your quote.If you want to keep things under $1,000 an apartment, I don't think that includes bedframes, mattresses, linen, night stands, window treatments, and so on.

Location, location, location.Mine is on the edge of Scottsdale in North Phoenix, with king & queen beds, 5 bed 3 bath, pool, pets allowed, views of the mountains, safe neighborhood and easy drive to where the Superbowl is being played, the TPC where the golf tournament is, near spring training, near hospitals so families can have a place to stay when grandpa is having a splinter removed from his buttocks, near old town Scottsdale and near where everything is happening.

I'm live and work in the Fort Lauderdale area if you ever need a second set of eyes to swing by here and there.

This is the new normal, and I expect the market to crank back up in the Spring as seller's come to terms with the reality of rapidly increasingly supply, and buyers get off the sidelines and realize interest rates aren't going to plummet and there is always a cost associated with doing nothing.That being said, we remain a loooooong way from the pendulum swinging to a buyer's market in most areas, so I don't see a major dip in prices, just a slight correction and cooling off of appreciation.