@Tom Grieshammer Totally get this, Tom hot tubs are guest magnets but high-maintenance.

If Apple has a bad year, maybe Coca Cola has a good year.

That is totally OK, just making the point that short-term rentals and long-term multifamily are apples and oranges --- different business models, different requirements, different level of involvement, etc.Just starting out, there is value in being close to whatever you're doing if possible. 

Also RE has some marginal tax benefitsIm not disagreeing with you though, if someone has 500k cash today and they wont use debt they are most likely better off long term in the market vs owning an STR I've struggled with this because while it isn't apples to apples there is a beauty to VTSAX set it and forget it as opposed to having to hand deliver laundry detergent to STR because the previous guest took all the laundry pods and current guest can't make it a mile up the street to purchase their own detergent lol. 

Your price range is great for targeting value-add rentals in markets that still allow for strong BRRRR returns.For out-of-state investing, the two biggest success factors I’ve seen are:Building your “boots-on-the-ground” team early – agent, PM, and contractor should all be people you’ve vetted through referrals and small test projects before you go all-in.Having a consistent deal analysis process – I personally run every potential deal through the same buy box so I can compare apples-to-apples.

Or you excluded something from the actuals but didn’t also exclude it from the budget numbers to get a true apples to apples comparison (yes).

I will also admit at this point we are comparing apples to light bulbs since RentRedi was only costing me $59 per month and DoorLoop will cost $200+ per month and for those that have a lower unit count and only need basic services the RentRedi cost should outweigh the beta tech.

@Kathryn Lewis Comparing a short-term rental to a 401(k) investment is really apples and oranges.

For the last part, why not use a separate calculator (that allows for additional payments) and compare it to the AIO so you have an apples to apples comparison of the total P&I payments and payoff timing forecast.

I totally still use Apple Numbers spreadsheets, but I've built them in such a way that they cover all of the bases for my Wholesales, Wholetails and Rehabs.When you tell them you require a 15% IRR how do they respond before they blow it off?