Product/price wise. 

Production returns to US from off-shore, labor rate rises.

Construction defects are common and implied warranties are the law of the land.

(PA, DE, NJ) But this is totally dependent on your location. 4) What type of loan product are you using?

On the other hand, I cannot ignore the folks here marketing their DSCR HELOAN products; that number has increased.The underlying situation (obvious to you and me) is that there were historically low interest rates, followed by inflation and equity creation...and folks who want to tap into the equity without displacing their first mortgage. 

If you can build fro around 200-250k per unit, it may seem attractive, depending on time frame, debt terms, and the ability to achieve 2k per month in rent.Great product to build.

Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons. 

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That's it, they don't set what price a product has to be sold at.

The market is competitive but if you deliver a consistent quality, in demand product at a good value you will do fine.