House Hacking, competing with cash buyers in competitive market

[Jacob McMahon]

Hello all, 

It has been some time since I posted last, but I have spent that time saving money for a downpayment on my first house hack, building my credit score, reading books, listening to podcasts, and networking. I am now ecstatic to say I have a down payment saved, a general idea on what I am looking for, and I am ready to get the ball rolling on my first house hack. I am looking to buy a 3-4 bed property in Fort Collins, CO and do the rent by room house hacking strategy. It has become clear to me that one of my biggest challenges I will face investing in this market is competing with out of state cash buyers, who are currently paying 50K-150K over appraised value to move to Fort Collins. I am currently waiting on an email from Accept Inc. which was recommended to me to help improve my chances of winning a deal, but while I wait I was wondering if anyone has advice on how to make my offers more competitive. If you have any advice from an investor's perspective, or resources to help compete with high cash offers, please feel free to PM me!

Thanks, 

Jacob