Look at the results in multiple ways and over different time horizons.

Condo a bit different - 7% note, but we furnished it for a MTR, and tenant is excellent and deciding to stay longer.

It’s a start, but will it be enough to truly make a difference?

The problem is that there isn't a lot out there, and when looked into each comp extensively, I saw the numbers were deflated because they were 'as-is' properties with extensive damage, or properties with a well, and other mis-matched differences.

Only difference is that California I have 1.5% or $1500 min vs every state as Joe mentioned is the same.

I could be wrong but I thought I saw that Sacramento requires primary residence for the owner for STR.Do you live in Sacramento or nearby ?

Purchase price: $350,000 Cash invested: $50,000 Sale price: $550,000 I acquired this property in 2015 and used it as my primary residence for two years.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

A NNN lease is completely different and I would agree, much more hands off  

It would be a primary residence.