Visio is most competitive with short-term purchase and rehab financing.

.), rentometer, and calling competitive properties to "price shop".

I've never been to Travis or Bexar county sales, but imagine there is a lot of competition and money there. 

I've heard many people say the same as Ryan, that Airdna has been way off.I recommend people take a few minutes and manually check their competition to get the most accurate analysis. 

Once you figure out a strategy that you want to do, next I would learn about potential markets for that strategy and focus on 1 or 2 markets that you have some kind of competitive advantage in (you live there and know the area, you have friends/family/a good realtor there etc). 

And, it drives away competition.

Could you have not added amenities to make yourself more competitive and increase your occupancy and nightly Rate?

We also pull a list of rental comps to determine the trend in what our competition is doing.

"But when you purchase a property, your basis for deprecation is the cost of the property to YOU"sure. but the depreciation clock doesn't start when you purchase the property unless it's ready to be rented immediately and in the purchase year it'll be a fractional portion of 1/27.5th, so do to the calculation they'll need to know the in-service date.

Richard's teachings on market analysis, property evaluation, and risk assessment have given me a competitive advantage in the real estate market and I am very grateful for that.