I find no less than half a dozen "deals" a month, that's a very dry month.

After an in-depth conversation, the manager learned that the tenant was having problems with their old unit not drying as sufficiently as it should, so, they went out over the Holidays and purchased a whole new set.

People make the assumption that if the short term rental business dries up, they can convert to long term rental.

I’ve had this.the issue was the trap went dry under the in-house laundry.  

Keep your powder dry and have reserves.

Banks are going to tighten credit and at some point credit will dry up.Does that mean a housing crash?

The other thing in that article was in the beginning where it says "finally after the long dry spell"  What????

Plenty of tenants don't care if shingles are missing, or if the caulk has dried up, or the kitchen sink has a slow drip at the P trap.   

And, it needs to be a place where the town/city actually want the police.Out west we see a lot of little towns that dried up and went away when the Interstate system was built, since the freeway went around town and people no longer had to stop in town.And yet many cities are unaffordable for a lot of people.

Then you'll have some cash flow and something to stand on if the wholesaling well dries up.