My employment that could pay me $X per year compared to a rental that may get me barely four figures a year in cash flow.

Your property must be desirable - and that desire is different for different reasons when comparing STR vs LTR.Tips - find a good property that lies inside of a good location and has a high demand for either STR or LTR.

After seeing these numbers and comparing to the cost of buying out right it’s easy to see that building is the best way to go.

Think about what  you need personally the most to be successful and compare it to the components of each offering. 

(Most Likely Double Digits)Your blended rate will be extremely comparable.

dont know how good they are but they are REAL  so thats a good thing.. compared to the fake lenders on sm or the joker brokers.  

In my opinion, Bakersfield remains one of the most affordable cities with a population over 400k, especially compared to other cities in California.

I think of it as a range of rental prices of comparable properties and my goal is to make a good return on the lower end of that range of values.

However, I would suggest you calculate a 5-10 year pro forma on each property and calculate an overall IRR for each so you can compare and contrast based on your risk tolerance.

As compared with local lenders credit unions the reporting requirements are vastly more for agency loans.John