Throw in that you can dramatically increase the value of the property once you show consistent rent rolls much higher than when the space was used for LTR, and you have a big win. 

But if you can finance a home in an appreciating area make it breakeven and at some point (as always) either rents/nightly rates will increase, interest rates will go down, or both. 

I came up with this list:region-name:mean-appreciation-10yr:mean-rtpLakeland, FL126.410558160.67416071McAllen, TX69.291962160.68613497Memphis, TN65.483403280.72944333Dayton, OH61.835908900.67836146Pittsburgh, PA57.910773040.65368893Greensboro, NC53.139561620.70635074Youngstown, OH51.949742310.65324659Winston-Salem, NC51.927254160.78515147Rochester, NY48.997707890.66227973Augusta, GA48.206020240.65745314Toledo, OH47.582768950.72120593New York, NY40.920532060.99205336Syracuse, NY39.811672470.73856038Columbia, SC35.113673200.68110439Jackson, MS33.014655470.79068896El Paso, TX31.686361650.72477202Scranton, PA31.550057410.74227059I'm somewhat confident in the data, but not 100%.

what makes you qualified to pitch someone if you don't even have confidence in yourself?

Its a nice little cheat/loophole on the mortgage side that can help afford a larger home pice and increase your chances of getting a home or other loans.If you have any questions feel free to reach out I am always happy to help and go over the basics.

How confident are you on the ARV.

Their track record and seeing Brian Burke speak on multiple panels at the SF Bay Real Estate Summit in Oakland this summer made us feel confident in investing with them.

However, San Diego is an extreme case.However rents increase fast in San Diego.  

They've increased the price several times in the last few years. 

The 401k is a valuable asset but its my thought that I can use this asset to further increase my portfolio by putting that money to better use.