It might be the way I have to keep going but it's why I'm exploring this fund option as an alternative.1.

This is an alternative approach for newly constructed buildings.RESIDUAL ESTIMATION APPROACHThis approach determines the cost of short-lived assets, such as 5 or 7 year property and subtracts them from the total project cost.

They've seen the peaks and valleys (08 crash and now post covid crash) and they've done unbelievably well investing there. 

Quote from @Chris Seveney: @Ryan KohenIt’s gotten some pretty bad reviews here on BPDo you like it or have an alternative ? 

There's very little way to go wrong here since the alternative is paying to live somewhere else anyway. 

Best case under such circumstance is they find alternative financing and simply over paid for the property.good luck

But there are alternative exits that still profit a decent amount, in my opinion anyways.So, this is what you would call a high risk strategy? 

Being listed on multiple OTA allows users that use alternate OTAs to see your STR and could provide a higher ADR even if you end up lower ranked of the OTAs.Basically it comes down to having all your eggs in a single basket and is too risky for my liking.i am one of those STR owners that corrects anyone that refers to my STR or STR business as an AirBnB.  

-In LTR we allow the use of security deposit alternatives.

. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.