You'll probably try to say that when you pay the $190K you're actually saving the other $142K in interest over the next 29 years or some other wacky BS because you're immune to simple, rational explanations, but I'd be willing to bet that that math doesn't work out as well as this does.

@Michael Gansberg my rational brain agrees with your assessment of the impact. 

.: Well, you can't expect rational behavior from a crazy person!

I invested no more than I could afford to part with, I understand it, I believe in it, adoption is growing, and I could write another two pagesI think if anyone has rational questions, not emotional hate, post up and we can discuss things. 

The conclusions are inescapable to any functionally rational mind.

For me it's been hard to rationalize keeping the homes instead of just turning them for quick profits.

Assuming my converting the use of the property (from owner-occupied to vacation rental, or from traditional rental to vacation rental) is the highest and best use of the property, and assuming there aren't may people aggressively doing this in my target area, many properties are not rationally priced to market (short-term) rents, but rather far below it in many cases.   

-Aim to be reasonable with your finances, not completely rational.

Rationally it'd make sense for me to pay 12% or more all day long for the slice from 70/75% to 90%+ and my blended cost still comes in lower than 9.5%.

Rent pro-ration should be handled by the title company, and future rent payment should have been communicated to tenants immediately upon taking ownership.