Even the valuation of these by MAI appraisers value them at something like double their average sale value.  

So average 1-3 closings per month from BP.

Hey @Raif HarrisTo get a solid sense of occupancy rates, look into tools like AirDNA or Mashvisor, which offer specific short-term rental data, including occupancy and average daily rates for different areas.

Right now, my only guests are the very well-to-do who don't feel the pinch that your average family does.  

Historical data shows housing prices have averaged 4.84% growth during election years since 1987, but the specific policies of each candidate could significantly influence future market dynamics.Vice President Harris will likely focus on supply-side solutions, representing a continuation of Biden administration policies, emphasizes affordable housing expansion through several key initiatives:1.

And the housing market in my state is very competitive and an average house is almost $850K. 

I find sewer lines to be one of those things that if you get 3 bids, they can be wildly different because some companies will recommend only what is necessary such as just cleaning out the roots annually for $150, or replacing just a small section that has an issue for $2-3k, while other companies like to recommend replacing the whole line whether it needs it or not, charging $20k every time they can get away with it even though the average cost is $5-10k (which is why some of these companies have a reputation for being scammers).

So in order to estimate annual return do you subtract note purchase price, say 75k.. and then divide by years remaining 9.3 then take average annual gain and divide by original price of 75k?

How much equity did you build, on average, each year you've held onto it?

Most recent report showed occupancy down about 8%, but Average Daily rate up about 1%.