I recognize comparing ratios of LTR and STR is comparing apples to oranges, but a property that was purchased for $375K had STR rent in 2019 of ~$160K (no matter that it is an apples to oranges comparison, the numbers make it clear this was a homerun purchase).Learn your options on how to acquire RE in CA for little out of pocket.BTW my initial protege I believe started in 2015. 

But, are you comparing apples to apples ? 

That'll give you a more apples-to-apples comparison. 

Apples and oranges.And we were very nice....just offering an alternative.... :-) 

Definitely not an apples-to-apples comparison to Anderson, but I'm told they will guide me through my entities and I will only be paying the state formation fees, the rest will be included in THEIR exorbitant fees.

So it is almost never an apples-to-apples comparison. 

DSCR is what a bank would calculate so I'm unsure if the bank would use CapEx and a property manager in their calculations.I want to make sure I'm using apples-to-apples comparisons.

Always “bad apples” everywhere.

@Aaron LawsonThe best advice is to shop a few brokers in your market, and compare apples to apples.  

If you bought this sept, you will not be able to use the new value to take any cash out with a conventional loan until next sept. so, you make sure you are comparing apples to apples.