For my personal properties, I like to have 65-60% LTV, so 78-80% LTV during a time when the properties were purchased of record low interest rates, and with fluctuating interest rate, seems extremely irresponsible and almost foolish. 

Even with fluctuations, long-term investors often see strong returns. 

Market Considerations: Given the 12-14 month holding period, how much does your target IRR change in a fluctuating market (either rising or declining)?

Given the fluctuations in interest rates, how do you determine if a private money lending option is worth pursuing for your real estate deals?

If there is a fluctuate in bookings based on the new cleaning fee than pricing should be revisited.

It is such a large market that values can fluctuate wildly, depending on location.I would become familiar with the city, select some areas to concentrate, and learn the values of what has traded past 90-180 days, since there may not be a lot if activity.

Once you've determined your objectives, look for markets preferably close to yours with active job growth, population growth and an economy without too much fluctuation.

Short-term rentals (STRs) offer higher income but higher management overhead and fluctuating demand in STR-friendly markets.

The variable costs can fluctuate more year to year.

Yes, market is volatile, interest rates are fluctuating, but the fact that we can't neglect is that banks are more regulated, lending practices are stricter, and the housing market is not based on a pile of risky mortgages.