For historical sake, here is a chart showing just the revisions in the job numbers.

Elsewhere we are working through developing six townhomes in a historic district of the City.

So, I started gathering it myself.Now, we have 12 to 14 years of detailed, historical behavioral data on our target tenants.

With vacancy rates below 2%, we’ve built reliable projections based on years of historical data specific to this group.In short, accuracy is everything.

Barriers prevail overtime and that's why these gateway markets have historically outperformed other markets.

I ran out my rental property calculator to 20 years using conservative rental increases (3% but probably lower now) and appreciation (3%) so the run up in property values during 2018 to 2022 is not typical historically.

I suspect those cheap Midwest units would be optimistic to have expenses/vacancy at 59% of rent.I am assuming your do not have much equity because 1) typically VA loans have high leverage 2) not much time if ownership (1 year) 3) the property is in a market that has not historically appreciated much 4) the last year in most markets has not had much appreciation.To me the keep or sell is not obvious from the numbers.  

At historical occupancy (~60–65%), the deal produces healthy positive cash flow.Occupancy used to average 60–65%, but recently dipped to the low 40s due to management/marketing issues.Strong potential to restore performance through operational improvements.Hostel market demand remains resilient with strong traveler interest.

This has caused historical turnover in this space.  

But, historical evidence is on your side.