Thank you, GrayFal for the excellent responses.
To provide a bit more information:
- renting of points is a big no-no. Bluegreen's position on this has become very strict and punitive. While there is the ability to add a guest name online to the reservation (with the exception of Big Cedar), if rental activity is suspected there is a good chance your account will be suspended.
Over the years, we have utilized 11,000 points in a variety of ways. More recently, our preferred use has been 5-night stays from Sunday-Friday. Points requirements for non Friday/Saturday stays are very reasonable and depending on unit size, we can get several trips our of our points. Our favorite and most economical (points wise) stay was to Big Cedar 2 years ago. We spent 5 nights (Sun-Fri) in a studio unit the second week of July for 1,900 points. We have also enjoyed using our points at Lodge Alley Inn in Charleston, SC. The Sunday-Thursday points allocation is pretty favorable at this resort as well as we can usually get around 18-20 nights in a studio unit depending upon time of year. Availability varies based on the resort and like most systems, the better you can plan around the 11-month inventory release window, the better success you will have.
On a couple of occasions we used our points in RCI to exchange (one exchange was to Kingsland on the Big Island and another was to Disney's Villas at Wilderness Lodge - note that Disney no longer trades in RCI so this trade would no longer be a possibility).
I hope this information is helpful.