Now some people may argue higher interest rates are good, as it drives out competition on new acquisitions.

I think it will add more competition to the rental market and the buyer market specifically up in N Phoenix, Deer Valley, Desert Ridge, and then up into Anthem - but will bring up value throughout the county. 

That's your competition.   

They perhaps can build cheaper than you can, finance cheaper, operate cheaper and to get it leased up, offer things like 1-2-3 months free rent. 

You will have a leg up on the competition where it's a stand-alone. 

They sound very knowledgeable and I am interested in jumping into the customized course they offer. 

@Jacob W. land market in FL is highly competitive.

PM business from what I hear is pretty tough and competitive business. 

I live in Boston, but I was advised to start my real estate business elsewhere as Boston is very competitive.

Our tools are a reflection of our ability to rationalize...This, in turn, is where the competitive advantage is.Think about it.