In my example, you are insured to replace the HIGHER quality product what was in the house before it was damaged.

Something isn't quite adding up for me:-New builds selling for under 300k-4 bed 1800 sqft SFHs are leasing for ~$2500 / month with with less than 30 DOMThe dissonance comes from the rent:price ratios and asset quality.

focus more on the  quality of collateral you own and your leverage against that collateral as opposed to amount of mortgage debt.

We're focused on solving CA's housing crisis by making it easier, faster, and less expensive to build high-quality housing units.

In your situation, it sounds like the primary focus for you is more a quality of life play (reducing your commute time), and the STR may allow you to break even cash flow wise? 

agreed  quality paid off rentals are about as solid as you can get.. not only that you have less maintenance and turn over for the same income.. what one misses is appreciation if thats your goal.. more props that all appreciate more wealth depends on your situation..

_____________________________________________________________Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Similar to Realtor.com the leading real estate company Zillow announced it will disclose climate risk features such as: flood, fire, wind, heat and air quality risks.

What was the lead quality?

Conducting tenant reference checks is crucial for ensuring you find high-quality tenants who respect your property and pay rent on time.