Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

They're not huge revenue drivers but guests appreciate them during rainy days or quiet evenings.

Focus on STR-friendly areas like Newburgh or Highland Lakes, and use platforms like AirDNA to assess revenue potential.

Dynamic pricing tools like PriceLabs or Beyond Pricing can help boost your revenue by adjusting rates based on demand.

RE sales slows a LOT to generate revenue find a new investment.  

While this is certainly a way to find syndications, it comes at a cost because the crowdfunding portal is a business and has to receive revenue in order to survive.This revenue can come from the investor or the syndicator, or both.

Real estate is a great investment because of the tax deductions, making it so you hardly pay tax on your revenue.  

It is a very well established market with solid, steady revenue, and it is beautiful to visit.

In other words, if you don't fill your unit in the slow season because you're afraid it will cut into your high season revenue, will the high season revenue more than cover the difference?

The "rent" is 3% of the gross revenues generated by the property.