Quote from @V.G Jason: All your bets were on consistent and linear returns it seems right?  

I like it @Jay Hinrichs and great comment @Stuart Udis - even though the market needs lower priced homes, if I follow my gut, I'd rather put my bet on a barrier market.

Along with that you need to keep risk low/moderate (don't bet the farm with a family). 

@Tylere Weaver just because you think your lease is, "battle tested", does NOT mean it complies with all federal, state & local statutes.Judges/courts typically ONLY look at the part of a lease that is applicable, plus betting your lease contains the standard, "joint & severable" language - meaning even if one part found to be "illegal" the rest of it remains enforceable.Also, there have been three federally required changes to ALL residential leases in the last 10 years - have you updated your lease for them?

For years @Joe Villeneuve has posted against the 1% rule (and other rules) but I bet Joe has in his head a way to evaluate in seconds whether something is worth investigating further. 

Thus our data was skewed very high compared to realistic nightly rates.Your best bet is to use AirDNA or other algorithms as a base but verify with direct looks at VRBO and AirBNB listings.

I wouldn't wait a year, and I'd be willing to bet that you don't have to either. 

You bet!

This makes LTR a safer bet for steady occupancy and income.

I would obviously try to get it fully occupied but I hate betting on potential.