When I have a property that has good tenants but has gotten out of whack on rates, I run them up a percent or so above inflation to start catching them up.

Prices are still reflecting the inflated prices folks were paying for these STR's but they are slowly coming down. 

A few hundred bucks a month in cash flow day one (but not much appreciation over time because you have to buy in a worse location to get that, your property value might increase enough to just barely keep up with inflation or may even be negative because these markets are historically boom/bust)or 2.

They are asking if they can put up an inflatable pool in the summer only.

Plus their rental projections are generally wildly inflated.

We're thus able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis.

This blog post explores the growing concerns among some analysts that the US economy is headed for stagflation, a scenario characterized by high inflation and stagnant economic growth.

Bond market did not like the inflation data that came out in the PPIat the end of last week and sold off.

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.These syndication can provide an 8%+ cash-on-cash return - providing you monthly cash flow - and a 15-20% IRR over the length of the project.

Pro and Con: The leases are only 1 year, so adjusting rates, while ultimately market driven, have a better ability to keep up with inflation during high inflation times.