The market is becoming more stable. 

What type of family has that many kids yet isn't financially stable?

It’s a very desirable and stable community that fits within your budget… also just 3.5 Miles to two different top rated beaches (Vanderbilt Beach and Delnor Wiggins) there’s also Willoughby Acres just next door and plenty of other options.Connect with a good Realtor and explore… you have plenty of options.My property management company also manages mostly seasonal and off season rentals (30 Days - 6 Months).

Will it be a gradual correction back to a normal, stable market?

I will leave them in a house I bought if they are stable, secure and operational and the ceiling isn't low, but when they break they come out.

In every city and town of any size in America, there are miles on miles of long-term C-class tenants with decent credit and no criminal record to speak of, who work stable, essential jobs and have long employment records.

Greely is also host to University of Northern Colorado so the opportunity exists for student rentals which could be more stable.  

However, once you finish repositioning the park, you'll end up with the most stable cash flow in real estate, that doesn't take near as much energy to maintain. 

Airbnb, in my experience lenders seem to prefer more stable long-term leases.

Look for stable or upcoming markets.