You can't predict whether the market will drop tremendously or stay the same.

Execution both in acquiring the right assets, to renovating them correctly to create a predictable timeline of future maintenance costs and ongoing management.

Like if I found someone else in 2 weeks, I'd then have to wait another 30 days for the next couple to move in.The other rental I have is in a college town, so the move-in times are pretty predictable throughout the year and I normally have a tenant well in advance of the other one leaving.

Here is some words of wisdom about Tax Courts, they generally interpret words however they want, without any predictable rhyme or reason behind it.

As far as straight STR strategies, run your numbers and be conservative in your predictions.

It gives you and them a level of predictability. 

Now,  any of those will have plenty of 2/1’s pop up but I would predict smaller MF will be a bit more rare.  

It's probably just the beginning of the beginning, but it is coming.Watch for Black Swans: Bank Bail-ins, sudden change of U.S. presidency (which is what I predict in October-November  2021 timeframe), China invading Taiwan (not this year), proof Covid was developed in China as a BioWeapon, not naturally occuring, a shipping container shortage, (already happening), a computer chip shortage (already happening), 8,000,000 possible foreclosures, the ending of the foreclosure moratorium, the ending of the eviction moratorium and whatever BLM & Antifa have planned (riots, etc).

In simple terms, it helps real estate investor plan for and predict the “financial outcome” of their investment.As noted, by focusing on ROI real estate, the investor can view their potential profit margin if they choose to invest in real estate by buying property and renting it out or flipping houses—depending on their preferred strategy.

What is the predictable vacancy factor for STR in your area- 25%?