The city is thriving and attracting numerous major companies, resulting in the creation of thousands of job opportunities in the coming months and years.

Usually also don't factor in the wealth creation parts of it too when they use most calculators.

After my first rental appreciated a bit I saw how powerful that could be for wealth creation.

It would create immediate equity and eventually rents would catch up but that could be a few years.With the new seasoning rules you have to wait 12 months from creation of your last mortgage to refinance and pull cash out.

In hindsight I lost out on a lot of wealth creation by insisting on all-cash, as my portfolio grew a lot slower than it could have grown had I been more open to using debt (wisely).

In Houston we have the #1 market for job creation in the US, Low inventory and one of the highest concentrations of migration out of most US cities. 

Maybe I'll start a new thread on this [real estate] site to discuss creationism vs evolution.Either way, I haven't read it but I will pick it up.

If your builder does a poor job or doesn't finish the job, your lots are worth significantly less 10-15% of what you paid versus 80-90% of say a multi-family.I would argue that the CA housing shortage is an artificial creation posed by city code and development restrictions, environmental, etc.

Here is what we would be offering;Listing management - listing creation-presentation-upkeep / SEO optimization / dynamic pricing / staging-design-picture guidance /  smart-lock automation / guest communications-issues / customized guest bookVendor/Property management - cleaners / maintenance team / supplies / property presentation / vendor audits / property setup assistanceInvestment consulting - providing projections / pro formasWe are fully confident in our capabilities to run STR's very successfully, but are trying to figure out all of the back-end details to make sure we are operating a legitimate business within the local laws.

True wealth creation as we all know is built on ownership, when you see the opportunity of what EXP truly is and you understand it there is no denying it.