Gather enough of them and you can live comfortably with an inflation protected asset.

Also, please factor in the problem of inflation that very well could affect my financial future.

Debt is cheap, and with inflation it gets cheaper over time.

It still works for large companies that are buying these properties as a long term inflation hedge and for appreciation, but for your typical cash flow STR investor the 10% rule doesn't really get the job done, especially at current interest rates.So a lot of smaller, savvy investors look at 15% as a good starting point. 

I am looking to do MTR and inflating the rent to 2400 a monthI am finding that in order for anything to cashflow positive with these numbers, I would need to find a property with a purchase price of around 150K or less.

@Nina M.Congratulations on your purchases. i would encourage you to focus on one area so you can grow your portfolio. you can easily get in touch with a local realtor and pm company to get off market deals in any market.its not necessary to use market platforms and pay inflated prices

They are usually short in duration, but the Great Recession depreciation took ~8 years to recover not including inflation (so longer if factoring in inflation).  

Inflation is going to skew the numbers quite a bit next year.

Turns out that $500K appraisal was a bit inflated.

Everything I listen to says the Fed has a few more raises in it the near future, then stays flat into 2024 and by 2025 we might see a rate drop, assuming inflation can be "controlled".