If you fix up a property with the intent of flipping it, but wait 366 days the proceeds would technically not qualify for long-term capital gains treatment.

I echo what Layne T. said, take this time to get your team ready and conduct diligent market research on Las Vegas - connecting with industry professionals in the area to get your name out there.

There's a lot of rejection and disappointment in this industry, so pushing through all that will make you tougher. 

We looked at several properties recently (practicing strict social distancing protocols of course, now that showings are once again considered an essential activity here) and the wife has got me thinking because she says farmhouse chic and rustic industrial themes have been done to death recently and are already “so passé, like peaked in 2016”.

If I were in your shoes, I’d continue to learn, maybe pick up a part time job in the RE industry to get exposure, finish school, and save what money you can.

In your experiences, what industries have you found to be the most consistent for multifamily housing demand, across multiple market cycles? 

Based on what I read and the way I understand it, the new cleaning protocol and buffer time will be an "opt-in" choice for hosts, where they get "preferential treatment" by Airbnb if they do so, but not a mandatory situation.

Currently I travel all over North America servicing industrial machinery. 

What I am most interested in are opinions of those of you in the industry regarding market saturation. 

If we keep cutting off large sectors of the economy (elective medical procedures - all food service workers, hair dressers, schools, event/promotion industries) for another 4 weeks - you will see a super cascade effect in the economy that could be where we have 30%+ unemployment.