@Ryan KennethDoes it have a water softener?

I was counting on increases in supply and variations in demand when I bought them, and am already seeing relative softening in demand this fall as so many new players enter the market.

Prices will likely continue to soften for the next 6-12 months while we find balance, but we're closer to the bottom than top based on market activity currently. 

Greetings,Here is an update on the current National Commercial Retail Real Estate Market in The United States of America:Despite longstanding concerns of a softening economy and eventual pullback in consumer spending, U.S. retail space markets remained resilient in the first half of 2023 thanks to steady demand from a diverse array of sectors, a still below-average pace of store closures, and minimal new supply.Overall, demand for space grew by nearly 12 million SF during 23Q2, marking the ninth consecutive quarter of growth for retail space markets.

My son and DIL did just move recently, and from their experience it does seem the rental market is softening. 

With higher unemployment, you get the pullback in rents due to demand softening.

It does seem that all the seasoned investors expect a softening rather than a crash. 

I was wondering how everyone deals with their water softeners?

I've definitely seen a softening in the STR returns this year.  2020-2021 was massively profitable but our local STR market is softening a little.  

This softens the blow of demand declines, but still gives operators little pricing power conviction.