Other than that, it is pretty impossible to predict what is going to happen.

Unless you've got millions to invest in residential multi-family, probably doesn't matter much.The drastic weather changes the USA is experiencing, may soon throw a wrench in all the predictions experts have made in the past.

STR is not the same like LTR where there are always constant needs for housing.I have predicted from a long time ago that this on-demand business would just create mishaps for some people.

I frequently hear inexperienced investors say things like: "The property doesn't cashflow now, but I'll refi when rates come down."   ...they use the word "when" as if rates dropping is as predictable as the sun setting!

No one can predict the future of the market with certainty so if the property cash flows now, lock it and ride this out. 

There's no way to predict the past owner's behavior.

Amazon stock has lost nearly 50 percent of its value this year alone (before today's meltup).The loss comes shortly after Amazon’s market value fell below $1 trillion on Nov. 1 after the company posted disappointing results in its third-quarter earnings and predicted less than spectacular sales for the upcoming important holiday shopping season. 

I think if we rinse/repeat this process another few years or better yet, decades as we remain employed at this job, we can predict the %gain will rise as all compounding tends to do. 

So they predicting a 40% price drop in those top 5 markets back to “market value”?

I've had appraisals come in lower than contracts before, but never out of line from what I predicted before the contract began.