Well, that is certainly the play, of course if your dollar dips dramatically and interest rates climb aggressively, you both lose your buying power and those to sell to.

With the way rents are rising dramatically in Sacramento,  there is a lot of pricing pressure on the low end of the market.  

Lots of union contractors, which increases labor prices dramatically, as well as the fact that there are very few investors, so contractors aren't accustomed to "investor pricing."  

What I meant was that normally market conditions don't change dramatically in 1-2 years unless you're investing into a huge speculative bubble.

From a cash flow perspective, a shorter note often doesn't have that big an effect on the month to month scale.. but after (say) 5 years, the amount you're leveraged has dropped dramatically with the 15, vs barely moved with a 30.

We initially decided to wait 6 months or so to see if anything dramatic happens (not gonna lie, my spider sense is tingling - doesn't mean I'm right) before we deploy it. 

It always dramatically reduces the smell and usually gets rid of it completely.

There also has been a dramatic reduction in the number of bidding wars (https://themortgagereports.com/47875/home-bidding-wars-down).  

Unless that's going up dramatically, it sounds like the Airbnb algo ghosted you for some reason.  

I wouldn't want a rental with an HOA, either.I'm dramatizing for effect, of course.