Compare your potential property to others currently on Airbnb and other STR sites.

Yo Wayne,As a real estate agent in Sacramento that works primarily with investors, I can tell you that the ratio of rental income to property value is much higher in the Central Valley when compared to the bay.

In today's market, with low foreclosure discount compared to past buyer's markets and a lot of "motivated buyers", the risk/reward ratio keeps me far away from the courthouse steps. 

The townhome from the 70s, with some rehab, could offer immediate equity if you can purchase and renovate it at a lower cost compared to the new development.

Compare last year's average income to this year's averge to ascertain stability.Suggest you schedule Zoom "interview" with applicant when they are at current home.

These tend to have higher profit margins as compared to other real estate options and the land comes with the purchase unlike the laundromats I was looking at whose facilities were leased.

But comparing rates on commercial (non standardized mortgages) is like asking what’s the price of carpeting without specifying the quality, type, color, installation, warranty or anything else.  

Any what near by towns have comparable appreciation potential to Orange City (Sioux Center, Le Mars, Alton). 

However when you compare that number to the 19 million+ tourist that visit, the crime rate is actually low. 

Compared to many of our industry peers, our company is large, diverse, and made up of many personality types.