We were hopeful everything would resolve itself.Finally, in March of 2024, we got the green light.

Has anyone else gone through this exercise and can shed some light on the positive and negative aspects of the different approaches?

It took up most of his time and energy.  

For most it’s a colossal waste of time and energy.

Some people use that term lightly, but you can only have one "homestead". 

Our slow season is months with some of the best weather IMO and people come here to escape bad weather further North.Heated pools are great, but have you ever looked at the extra cost of energy and maintenance?

OKC (I always pick on this market) I might use 1-1.5% a year.Renovation Scope & Budget:Break down the renovation budget per unit and scope of work.Identify whether renovations are light ($5-10k per unit) or comprehensive ($15k+ per unit).

Take the time, energy and resources you are allocating towards this and refocus it on the underlying real estate.

Hi All, question hopefully you guys can shine a light!

I think this gets missed sometimes, or people are surprised that they are taking a lot of risk AND energy/time to get returns generally available already with much lower of the two