Yes some areas will be buffered by tech industries and if a good vaccine gets approved soon that will be hugely helpful - but you can only put numbers into an algorithm for so long before you start seeing results that reflect the data.

., I don't mean want to disrespect @Mark Reitman's experience but personally I haven't had the best luck with AirDNA.Their algorithm relies on data just like any other.

Having said that, the right algorithm is the following:If you have 20/25% of the downpayment PLUS the property is cash flowing after 0.75 multiplier PLUS you have proper reserve........they will give you a loan (of course there's all these 0.41/0.45 DTI)

It's a computer algorithm, not a real person that understands location, different conditions (granite vs. formica), and all the other things that go into valuing property.

fwiw, here in Oregon if you want to go after the Fed funds for unpaid rent you must get the tenant to sign a declaration, you must be willing to forgive 20%, it will only pay up to the moment you apply (no word yet on future unpaid rent) and most importantly, at least here in OR, is that the way the money will be doled out is based on a complicated algorithm based on how many rentals you have, the percentage of total possible rent that is actually unpaid, if your rentyal is low income (becuase i giess they assume only low income places are not being paid for - not!!) 

@Nancy Bachety we focus on value and being the best in the algorithms and pricing with the approach that each night is either 100% booked or 0% booked and we have efficient systems to get each night booked at the highest possible price.

There are countless other aspects to short term rentals (designing communications to please the booking platform algorithms, copywriting, the psychology of guest satisfaction, seo, knowing and understanding the platform policies to protect your payouts, etc) but it’s very intensive to truly optimize a property and that’s where a competent management company (with in-house specialists) would come in.

Hey @Barbara Chaney, like @Becky Haag says, nothing is perfect but here is what I think about those algorithms.

This agency would develop algorithms that would negate the impact of past discrimination, make credit scoring more transparent (currently, credit scoring models are proprietary and consumers don’t know exactly how they are scored), make the dispute resolution process more accountable and also enable data security.Under Biden’s proposal, which would phase out the existing private credit bureaus over a seven-year period, adverse input from medical debt and delinquencies on predatory loans would not make its way onto credit reports and the scoring process.

For example, I might look at a client's data and develop an algorithm to discover factors that influence whether or not a lead converts to a paying customer.I have a few ideas as to how I might be able to contribute in the real estate field; however, I'd love to hear your insights!