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Original Message:
"Value" (by William P.):
I agree with Ken. Unless your MF's would be extremely low and it is a sought after resort, then maybe. If it was at a mediocre resort in the off season, even with low MF's, I don't think 2X would be realistic. One of our properties is in key West where everyone wants to be no matter what time of year. MF's are high, but we rent it for around 130% and have never had a problem. I have felt that was a fair price, to all concerned, and I get to take my wife to dinner with what's left :)