And have you incorporated an annual, semi or quarterly distribution?

STRs are banned in the French Quarter, which is why there are many, many condos for sale there.See the following for info on STRs in Orleans Parish:New Orleans City Council issues temporary ban on most short-term rental permitsCouncilwoman pushes permanent restrictions for short-term rentalsNew proposals in New Orleans for short-term rentalsMost New Orleans short-term rentals could be linked to homestead exemption holdersPreliminary vote on New Orleans short-term rental changes delayed; a look at new timelineIf you have any questions that I can answer, please feel free to reach out.Regards,Braden

I keep up on these sorts of things, and know the local stats for my Chicago sub market by the quarter.

My question is this: Does it make sense from an investment standpoint to buy the quarter acre behind my house?

I plan to update it quarterly, will send it to you in a few days.

(I did it for you... it's 11% appreciation for same timeframe last year).Also keep in mind that Phoenix has been a quarterly top 10 market for rent growth as of late, and that is certainly affecting residential multifamily values.That all being said, can you count on 17% annual appreciation an expect to sell than $295k fourplex for $646k in 5 years?

The “opening bid” is typically just a low ball teaser amount which is no where near(maybe a quarter or a third) the undisclosed reserve.

For water it's billed quarterly, I paid $192 the first quarter and $160 the second, so in total for the year probably somewhere in around $700-800.

So I’m not really worried about living quarters at the moment, just want to build an empire (so to say), something that I can work at for the rest of my life making money and managing everything without worrying that my boss will call me into work tomorrow.

The house will be used as an office/living quarters for on-site manager.