Obviously you have the advantages of exit strategy with single-family but the inherent disadvantage of 'competing' with emotional non-investor home buyers when purchasing--this being what has traditionally turned me off from single family homes. 

I understand that the current situation is labeled "temporary", but as John C.

But again, check with a mortgage person and also look at all the documents signed at the first property’s closing.I guess it comes down to, can you say with a straight face when you bought the first property, that you really intended to occupy it for a while as your primary residence and something unexpected came up forcing you to buy the second property, or would a regular person look at the pattern of facts and conclude you never intended to stay in the first property at all, but only as a temporary stop before buying another property and moving out of the first one.In good times, when mortgages get paid, it probably doesn’t matter.

@Glenn Finniss, Realize when someone has a legit Service Animal or now Emotional Support Animal then forget about the word pet.  

The key is that one is a casual low-key low-volume temporary project, while the other is a "real" operation.

Do you guys think this is a temporary hit that should pick back up when the market picks up or do you think that this downward trend as it relates to STRs last much longer?

As we know that RV's spots are only temporary.

But that would require some sort of Covid19 hardship and proof thereof.Other than that, best to line up some other lenders like hard money or friends/private money that you can use to bail you out of a temporary situation.

Which means nothing to me personally but can cloud your judgement in future real estate investments.Most pro real estate investors try to leave emotion at the door or work strictly off of the numbers.If you say the numbers work, then they work. 

It's harder on you because, as you can see, it can make you indecisive on applicants like this when your emotions come into play (you know you shouldn't take her but you "want to make this work" because your communication was good).