Licensable vacation rentals are obviously in high demand and offers can become quite competitive, I don't have any formal statistics but I'd say a quality active or eligible vacation rental sells at least twice as fast as a non STR property, the majority within days..My best advice to investors shopping for a hot or high demand asset class is:- Prepare & Practice: Get your ducks (GO UO!) 

Also since there are 30-40 homes only, it's easy to create mean or average statistics. 

Statistically, it will if I don't get control of the situation.Taken together I'm increasingly in a situation where getting paid rent by the tenant promptly and by the city or state... eventually. 

Not saying this will always work, but here is a local example of something that did work for one of my clients: 10 years ago here in Gainesville FL, there were a lot of areas with unfavourable crime statistics that were also bordering neighbourhoods in and around the University of FL.

I'm not sure if this could be a major factor for someone like me in choosing an area to invest, but the statistics suggest that Huntsville has a lower overall vacancy rate.

Statistics on people's insurance coverage amounts shows that they are VASTLY underinsured. 

Statistically 1 in 3 in this thread would go broke within 5 years.

How you do it, with some statistical certainty, is to reverse engineer the algorithm.

(they might think that anyways with 2)The Why:The issue with doing more than 1 or especially more than 2 in the beginning is you don't have enough time or money to get enough volume or market saturation to reach any statistical signficance.   

I would check on airdna to estimate how much based on statistics that it would make as a short-term rental.