The question was - which should someone put money into - this is an unanswerable question because each person's situation is so different and these two products are, as others have said, comparing apples and oranges.  

The rental above cash flows about $5,000 a month and helps offset the mortgage cost at $6300/mo.My question is: we have a lot of equity built into the rental, but the mortgage rate is so low that my calculations show shifting the debt from the primary residence loans to the rental as being a wash with the tax savings. 

It seems it is so hard to get the positive cashflow in Oregon.

@Tanya Maslach Welcome to BP Tanya, that's great you started investing in college, that is so smart. 

@Ryan Robirds - I'm interested in your thoughts too.Thanks so much for your insight guys, this is so helpful.

I love the way the tax code caters to us (depreciation is so awesome!)

@Michael Baum also hit one of the most important things - dynamic photography that changes with the seasons and mixes itself up so it's not a stagnant listing.There is no hack to be the best at something (just look at all of the number one bestsellers on Amazon who sell 100 books total), just work on the product, the amenities, the dynamic pricing, and be resilient and responsive to feedback from the first guest on.The dynamic photography is so smart. 

Word of Mouth....asking clients to help you spread the word is so valuable.

But the trend to moving south is so strong that it might take decades before it reverses.

Hi Robin,On Many contracts the print is so crowded and sometimes in such a tiny font that it Is not easily read.