It looks like that the STR market in the Poconos is ''normalizing'' now, there was a spike in the demand in 2020 after the STR ban was lifted and this summer was very busy as well.

Here's an interesting article on rent drops across the U.S.:

http://realestate.msn.com/article.aspx?cp-documentid=17203547&gt1=35000

Although this is based on apartment stats, I'm seeing it here with SFHs in sel...

However, post Covid-19, the spike in industrial is due to the increase in the consumption of consumer staples, and in truth industrial is suffering a two-pronged situation similar to Retail.

If the market spikes and the numbers no longer make sense, then don't buy. 

I was prequalified for $250k before the interest rates spiked, but do not have closing costs for a $250 price.

Hello everyone new to Bigger Pockets, I have 2 duplexes and my solution would be take the loss for the month, pay some of the electricity bill, bc it may have spike because of inefficiency  get the ac unit fixed like you planned and then whatever the bill is after it is fixed is on your tenants. this way you can sleep at night.

There has been a bit of a spike in prices over the last four months or so because of the COVID shock on housing prices, but as more properties have hit the market, the prices are cooling off as well.

Post-2022 international travel spike, it's not hard to imagine that a major channel partner making the biggest change to its channel in 10 years to focus on luxury/boutique rentals could certainly impact smaller, undistinguished rentals that flooded the market on the back of the "roaring 2020s."

However, there is very little incentives for the Landlord to take care of the building and usually leave it in need of repair, pest control, etc.Certain cities like NYC and SF is a must if this is where you want to eventually live for the long term.Rents spike and continue getting higher.Every year for the last 2 decades I keep hearing all the excuses.... it's too expensive to buy in NYC.2 decades ago, when I bought my first Investment, a 2 Family in Brooklyn, was $350k.Today, I can sell that investment for $1.9 Million.BUT, instead of being happy that I have made so much money for that one single property.... what makes me more happier is the fact that I live in that Investment now (I moved back in to this Investment Property this year).All of my relatives that lived in Brooklyn but moved out, either never bought or had bought but sold a long time ago..... cannot any longer afford to buy in Brooklyn anymore.Even renting has become incredibly expensive.As another example of this phenomenon, I had a friend, Steve, who lived in Manhattan.We both invested similarly in to two different properties in 2004.I invested in a 4 Unit property with a Purchase Price of $800k in Clinton Hill, Brooklyn.

So, I live in Oxnard and there has been a huge spike in crime this year.