Your success is much more influenced by how well you play in a market, how good your team is, than by picking a marginal better market.

Decide which game you want to play.

Furthermore, this rule may be disregarded as investors become more creative.For instance, if investors intend to buy and make a long-term hold play, betting on appreciation, they may be able to afford to pay more.

You are just making profit from the yield play.  

As Colin noted above it is hard to compete with the large players in the field.Where we found a better bang for our buck was getting on more channels like Marriott, Booking.com, and about 20 others. 

You will need to really start playing the long game though and focus on securing assets that have good underlying fundamentals as you will need to get more creative with the financing if you want to keep moving quickly.

The hospitality element plays a huge role. 

He’s clearly trying to play a tough guy, but it’s irritating that he decided to play it this way.

When things crumble multiple variables are at play and come down together as dominoes.

The main players in this space are Guidance Residential and UIF, but it turns out that they may just be purchasing a Freddie/Fannie loan on the back end to finance the deal and then structure it differently for the buyer - which isn't in accordance with their religious rules.