If that's the case, it isn't relevant to the new landlords on this forum, unless they are starting with hundreds of units.Wait a sec, Mike...I hate to use logic in a debate, but...You said in an earlier post that the more units owned, the *more* likely the trends would be towards the average.Above you say that the more units owned, the *less* likely the trends would be towards the average.Yes, I realize you were speaking of two different phenomena (law of large numbers vs economies of scale), but you can't argue both sides in the same argument, which you clearly are.So, which is it?

How common is this phenomena? 

so i was at a listing appointment and my client's toddlers were doing storytelling and showing off their Berenstein Bears book... and i couldn't help but notice the spelling has apparently changed to the BerenstAin Bears since the authors are Stan & Jan BerenstAin..the spelling stood out to me like a sore thumb and my client told me she remembers it being Berenstein Bears too but thinks back in our chilhood days (80s) they probably misprinted a whole bunch of books which confuzzled us into thinking it was ALWAYS Berenstein Bears whereas to the current and new generation have always know it to be with the awkward atypical A instead of E like in -Stein because of lost in transliteration back in the 1800s at Ellis Island.it made for an interesting conversation and it is what it is, life goes on; our childhood memories are a couple decades ago afterall; but driving home it irked me that how could the current spelling seem so foreign from all my memories as i too had and read the books avidly, once upon a time. i figured my client's and my mind's playin tricks on me but since i got home i googled and found it is a widespread phenomena.. what do u remember these heartwarming nostalgia bears as, Berensteins or Berenstains!?

It's like there is a new phenomena, and it gets lots of traction, like housing in 2012 or VC spending.

very well know phenomena in Oregon. 

My plan was to go up by approx 10% and then tweak further according to the busy dates we saw in 2020 and 2021.I'm personally confident that STRs will continue to be on the uptick in years to come as I see them still as a relatively undiscovered phenomena.

Just my opinion, but I think the STR phenomena is really still in it's infancy......

More appreciation than I anticipated (I think it's an overall market phenomena and not a regional catalyst).

There are many factors that contribute to that phenomena.

Sadly we did lose a retired couple booked May 1st for our Florida home as the wife has apparently contracted Covid-19, but another qualified couple immediately jumped in, & we fully refunded their deposit.Given a choice PM's may be looking at the 'essential worker' monicker from now on but hopefully this pandemic is a one-shot phenomena, at least for a few more years.