Inflation, competition and everyone charging way more than they did pre-pandemic.

That said, COVID 19 and the mandatory government shutdowns from both State and local areas have affected this and the State is not holding this timeline right now due to the pandemic.

Psychologically, the pandemic has turned the concept of "home" into a national religion.

I know some investors may be skeptical for any type of foreign investments due to the pandemic but this is a time of great change, especially in working professionals.

Selling collectibles on ebay (that wound up very lucrative during the pandemic when there was a huge rise in the popularity of various collectibles), investing in stocks, setting up side hustles with photography or other skills I had that I could leverage into additional revenue. 

The owners shut down the business in May of 2020 at the beginning of the pandemic due to Auctions being shut down.

The tenant issues I have had out in Cleveland 90% of the time are with the cash tenants that we had to evict because they weren't paying (I didn't say they lost their jobs, none of them did, they simply decided they didn't need to pay, especially during the pandemic) or phantom maintenance requests where there was no issue (they seem to pop up right around the time rent is due).  

Again, the answer is certainly state specific, compounded further more by the pandemic. 

Today, with the coronavirus pandemic, retail closures, and banks facing serious uncertainty in the economy overall and with retail in particular, expect LTVs will be much lower. 60-65% is a better benchmark for bank financing.

Maybe right now the pandemic might be impacting visitors, hard to say.