His point on the revenue perspective is right on. 

Hey Errol, Im open to getting on the phone with you to give you some perspective of this type of construction and what you should expect if you decide to move forward.

I'm going to offer a different perspective of looking more at the asset instead of cash flow on paper.

A rental property analysis can give you a different perspective. 

Just from the cash flow perspective, it is making sense, but I wanted to know how your experience has been?

We represent several developers in Cedar Park, they all developed for owner user + rentals, but I'd say the main thing from a legal perspective is ensuring good GC and sub agreements.

Or, from a business perspective, much better to use that time and energy to create a STR management business instead of arbitraging.  

Your peace of mind matters.You’re not late—you’re just starting fresh, and that’s powerful.

We are in the middle of major infrastructure and RE growth (res and comm) and need to know how best to handle the property we are on from both a short time and potential long term investment perspective.

From an owner perspective, that does not want to deal with an STR it may be good.