Though this board did have some pure nonsense-- STRs survive recessions.Few of our closest got burned on this, we didn't commit.

You will actually be able to identify those how are clueless.Once upon a time, in the world of "pure theory" the concepts of Cap Rate and NOI were clearly defined, however we now live in the world of "tainted reality".

I just evaluate if my total return (including offset of comparable rent) is greater in the house hack vs pure renting (and investing the difference).

Purely from an investment perspective the returns are not wildly exciting + some have mentioned you may want to increase some of your repairs and maintenance. 

So it appears one should be indifferent (arithmetically) between using more or less leverage (from a risk-adjusted perspective) and so indeed it could be a question of taste as @Jordan Moorhead is suggesting.Now, in the real world there is call risk and other material qualitative factors, and so significant pure market-exposure levering (such as $1 billion position on a $1 million equity) is, very likely, inferior to say just $1 million of market-exposure.

I have absolutely nothing to gain by discouraging someone like you, especially someone with the same kind of pure and perfect faith in an investing strategy that a priest has in Christ.I have repeatedly tried in my BP posts, however, to bear witness to the realities of what it's like in my target area, working as a self-managing, DIY, low-income landlord in low-cost properties.

Reason being I have almost stopped any loan that I can not access the lender's portal as a Third Party Originator (TPO) as passing it off to a company as a pure broker sort of sucks for someone like myself (retired army ) who is used to status updates by our team.   

@Nate Sanow correct Annemarie’s site is a pure agent site. 

My lead generation awesomeness doesn't just stem from my methods being far beyond the competition, but also the pure horribleness and incompetence of my competition’s websites makes my website and branding and personality online stand out SO MUCH MORE ( I love you.. all my sweet competitors out there... no I didn't say anything bad about you.. you are dreaming.. never happened… illusion, I’m innocent)..

Josh maybe you are a drug dealer I don't know but certainly your post has nothing to do with the topic and by the way pure ignorance isn't savvy either