Electric can also spike in the summer with A/C.

For everyone saying his net income = his W2 then quit are missing a lot of factors.Make sure your reserves are higher than you think you need because1) With COVID, underwrite for more bad debt and higher delinquency and vacancy2) Property Taxes and Insurance can spike any given year. 

I dont know much, but I can tell you the NOD's in Vegas spiked last week.

If I'm doing a flip brrrr maybe I'm the guy who adds security features, adds lighting, removes shrubbery, plants spiny plants under windows, spiked fencing, and does more than everyone else to make my renter/buyer the safest guy on the block.

My wife and I are looking at purchasing our first AirBnb - and I am finding this method of real estate investing is much different than the others I've studied.Quick details on the deal...We are looking at a property that will run us about $1,950 / month to operate with an average occupancy rate of around 30%.. this will spike in the summer months as this is a vacation home as well near a river / lake. 

Properties have spiked here as well but rents have too and the vacancy rate is low.

You're going to run into this in most of the major STR markets because within the last 2 years we have seen a massive spike in available inventory.In order to compete with the competition now, hosts/owners/operators need to step up their game and be willing to invest in good quality furniture, memory foam mattresses, high quality linens, professional seasonal photography, etc.In the high desert, most visitors are looking for peace, quiet, privacy, and amazing scenery so this means stay away from purchasing homes in residential neighborhoods with neighbors on all sides.

Earlier in June this was probably low sixes to around 7% but unfortunately last week we were hit with another massive spike.

Electric can also spike in the summer with A/C.

We can certainly see a seasonal spike/dip every cycle, but the overall trend is likely more important here.I also see a mention of smoothing techniques used in the footnotes.