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Ray 10% growth I thought is very optimistic. 10% growth over 30 years indicates a purchase price of around $75,000. A current price of $500,000 on a $75,000 purchase I think is a growth of arounf 6.7% pa. My guess for a realistic average growth rate is 7%.

Seech My thinking on the flock of bats. But, for me, made worse because I could not draw on the equity at all. (Multiples have different rules from singles; people self employed for less than 2-3 years can have troubles drawing on equity). Thanks for expressing so clearly.