With that said, I have ran some different scenarios and feel as if I am missing something when comparing the 2 strategies.Below is what I came up with.A recent property deal (a small apartment)  I used as a comparison was this:Purchase price: $140,000Approximate value: $155,000Reconditioning: $5,000 - $10,000Down Payment: $35,000Annual Appreciation: 1%Approx.

However having started my HML career literally in Detroit in 2001.. and having done 250 plus loans there.. there simply is no comparison with the two cities..

Our worst times is still better than many countries best of time in comparison to economy and other metrics.

Usually policies will cover 10% of your property coverage as income loss for an STR if they cover STRs at all.Bottom line make sure you understand the coverage and dig into the comparison details.

I read someone comparing this to a valet and I can see the comparison but let’s frame it a little differently.

If he is going to put in the bank, then you can offer him an enticing rate of return in comparison to .05%.  

The above comparison does ignore potential appreciation over the next 10 years, however.

Only 5.8 million homes were built in the United States between 2010-2019 by comparison.

Make comparison if you will take a new loan with HML will that give you same outcome. 

It is about a 5% cap which isn't that terrible (in comparison).