Your renters wages and your unit values will decrease significantly.    30 year window.6.  

Finally back to more stable real estate where pricing is now starting to even soften / decrease in most markets

If you wait too long, you may breach your duty of prompt notice of a claim which could lead to a denial. 

About 6 months after purchase one tenant gave notice and the other walked away. 

You also have to be capable of holding for at least 7 years, ideally 10.I am noticing properties price right around 2019 in some markets I am looking at, just fyi. 

In the past the rental market was so strong that once I received a 30 day notice of non-renewal, I would begin to advertise and I would have a move in one day after move out usually.  

However, the median $/SF has remained in a tight band of $1.16/SF and $1.20/SF for the past 13 months.Rentals - Availability by MonthThe number of homes for rent decreased MoM, which is surprising for the time of year (it usually rises during the fall).Rentals - Median Time to RentMedian days to rent remained flat MoM at 29 days, indicating a healthy rental market.Rentals - Months of SupplyRental inventory decreased MoM, now at 1.5 months, indicating a strong landlord’s market.Sales - Months of SupplySales inventory has remained in a tight band around 2.5 months for the last several months, indicating a consistent seller’s market.Sales - Median $/SF by MonthPrices had a marginal drop MoM, as expected for the time of year.Why invest in Las Vegas?

I would be holding cash, identifying markets, putting in market notices on price drops on houses you’re tracking.  

Each one of those could be a multi-hour discussion.I then noticed you were "new to real estate".

I get that if the booking is for a week or more it wouldn't be so noticeable, but how does everyone manage this for shorter stays?