Well, that was fast. Got the go ahead from DH to add on 25 points direct when ready. I think at least in the near term we'll probably end up going annually, and depending on the time of year, a small add on will allow us 1BRs without having to stretch too much, plus we'll have the gold APs. Oddly, it was the merchandise discounts that put him over the top. I guess it was the thought of undiscounted princess dresses for the foreseeable future, LOL.
Hopefully I don't screw up anyone's ROFR in May-June though... (BLT Feb UY, just saying)
@TexasChick123 - your analysis is exactly how I'd look at it, too. Rationally speaking then, one should expect a 2% depreciation in $pp per year. But given that the market can't seem to price stripped v loaded contracts efficiently, I'm not sure anyone is considering this "depreciation" at all. totally agree with you re financing. I think I actually figured out how much my sellers paid by backing into it from their mortgage amount. Which in turn makes their counter to my counter make sense - it was only $1pp more than my offer ($160 total change to the purchase price), but I think that made the sale price exactly $10 pp more than they paid in 2009.