I'm sure the same thing will happen again soon but hopefully be a bit less of a disruption to the economy and be a bit more spread out rather than concentrated failure.

I just leased my 100th unit to someone doing STR (I rent them out as LTR, they then do STR and make $ on the spread)

I dont think Im ready to spread my resources any thinner and tackle this myself. 

@Caleb Heimsoth, I am from San Diego, family is spread out but mostly in SoCal.

That's a spread of $1.1 Million Dollars! 

The 30 year would be superior since the loan is fixed and spread out further - you reduce your risk (because rate is fixed) and you cash flow better (since loan payment is spread out over a longer period making the payment lower). 

highlight_post=4448428&page=1#p4448428As somebody who may end up on the tenant side of this question in next year (I’ve been in the same apartment for ~13 years and the base rent has been the same for the last 9 or 10), I’d argue/request you spread it out over 2 or 3 years, maybe more. 

The 30 year would be superior since the loan is fixed and spread out further - you reduce your risk (because rate is fixed) and you cash flow better (since loan payment is spread out over a longer period making the payment lower).

You get WAY more deals if you get ALL the deals in your own local market... and the local leads convert easier.So you need to compare spreading yourself thin in many markets, vs. be everywhere in your local market hot and heavy.So is expanding then a bad thing?

In my area the cost spread from traditional stick built to modular has closed quite a bit.