Curious to hear from @Lana Sheta @April Vogt @Susan Chan @Nick M. on your continued observations in the local market as the summer buying season moves towards its late stages.

One of my thoughts is offering to assist local rehabbers as a PM as a way to observe and learn. 

I just started with Lodgify (Chanel manager) and have a few observations to share.

This, combined with the fact that people from California's 3 mega-cities are reconsidering the central valley with the advent of remote work, I think our market has more room for growth through the end of the year at least - not an economist, just my observations.

Foldvary observed that crashes tended to happen every 18 years in America starting when land first went for sale in 1800, 1818, 1836, 1854, 1869, 1887, 1903, 1924, none in 1942 because of WWII, 1970, 1979 due to Britton Woods currency collapse and then 1990.

But if I were flipping, here are some observations.

I think Jonathan already gave the more important observation - the numbers just don't make a lot of sense anymore in places like NYC and SF. 

When I recently met @Aaron Montague, he echoed my observation that it's tough to find viable buy and hold properties in Boston.So -- are there local folks with a strategy I'm totally missing?

However, the data and certainly my observations show otherwise.FINAL SUMMARY:Sedona does NOT have official average STR cash flow data.

That way, the appraiser can properly observe and assess your unit's condition, quality, unit location within the project, assess the comp and market data (correct as necessary),  etc, and do the proper analysis with respect to available comps.