One way or another, however, the investors must work to pay down loans, increase rents and decrease expenses wherever possible.

And, more importantly, any decrease in bookings will definitely be blamed on AI.I do think there's a lot of value that AI can bring to vacation rentals, but I also know any writing by ChatGPT is always stilted and inhuman-sounding.

Mortgage loan applications decreased 5.6% last week, for instance.

Yes, MTR units are still catering to travel nurses even though demand may have decreased due to the phased out of COVID restrictions.

But why wouldn't an increase in the cap rate decrease the property's value?

I invest outside of CA because of the decreased barrier to entry.

I would not assume renting by the room is going to yield higher gross rents overall or decrease your vacancies.

The property is in Chester County - however, Chesco is no longer allowing new properties to become part of the program, and are offering no new vouchers to people due to funding decrease. 

I think that those markets simply became very saturated so the revenue coming in for newer investors trying to replicate that model has decreased since they have not yet established themselves in that market.

A decrease of roughly 20%+ in 5 years.