But my experience is like yours 90% of guests are reasonable, and the other 10% cost me an extra $100-200 for the month stay.

What would life look like for you Josh if you did just 10 of these properties, in grand total, and stopped there.

We've seen our area MLS which covers about 20 counties come down to an average sold to list price ratio of 95.1% and Knox county specifically has come to 96.4 % which is lower by about 2% from this time last year and down from our peak this year of 98.5%. but it's about in line from winter 2022 into spring 2023 which was a time when rates were rapidly rising.

It's more important than ever to understand what you are getting yourself into.

Resale  what retail buyers are paying for rates of course affects the business dramatically.

There will be a resolution, one way or another, say within 6 to 24 monthsPlease feel free to comment on anything above that does not make sense.Now my main question is: how are such notes valued?

Easier to work on and if one craps out you just have to replace that one instead of the whole combo unit.

The “Big deals” are…You have to buy something you don’t already own, not pay off debt, renovate a home you own, or build on land you already own.You have to spend all the “cash” you receive.You have spend more than your net selling price.You can never receive or have control of the cash, you need a QI PRIOR to selling. 

@Olivia Leija I'm glad you found the article to be helpful!

Wow I came her to see what people had to say about NOLA ... as it seemed affordable.