Has AirBNB ruined LTR market

[Nathan Jensen]

Has Airbnb lead to properties being sold for more than they are worth? Has it ruined the ability to do a cash flow analysis without even considering going Airbnb. Lately, I try to look at buying properties with the scope that I will need to cashflow and get at least a 5% ROI as an LTR property, then if it makes sense to convert Airbnb and make more I will. However, it has been hard to find any property that actually shows any bit of a return.