If I were you I would get a word document, and type in bold letters at the top:"Addendum to Rental Agreement between [Landlord Name] and [Tenant Name] for [123 Fake St [Town Name], AB; signed on Month 00, 2020."

Any bold predictions of a swift return to normal can only be based on a hunch or gut feeling.

I really enjoyed Dave Meyers post here https://www.biggerpockets.com/... as a data guy trained in biological statistics I am much more data driven.

Of course, this information can vary by the exact city or area, considers different factors which may be minor, statistics can be interpreted differently, etc. 

For more information, and statistics, as well as sources. 

I saw a crazy statistic that most realtors ever were birthed in the last 2 years and most realtors ever are deactivating their license right now 

Hi @Eliott Elias,BOLD!

If we reference housing statistics from the U.S.

I think its hard to find great statistics on what vacancy is "normal" for most markets and rental unit types, but if you budget for a certain amount of vacancy that you're comfortable with and then identify areas where you can work on lowering your vacancy you are actively tacking and managing the issue/cost. 

October 2022 Housing Market Update for Austin, TX MSAOctober 2022 statistics have been released for the Central Texas Housing market.