Your next real estate competition might not be Black Rock or Bezos...it could be coming from the family of the friends you grew up with. 

Good old capitalism in the USA  - I'm considering starting a course charging a fraction of what they charge but I hate being on video.

My Nephew is a student at University of Utah and a competitive climber, and he has a lot of climbing friends that would live with him.- Buy a house / 4 plex, take one of the rooms / units, and rent out the rest- Family can just come and stay with the Nephew when needed. - Build out the equity on the house while living at reduced price (hopefully) due to charged rent.  

It's a great way to reduce your costs and is a clear competitive advantage in sourcing opportunities.

Some lenders may not be able to apply or only be able to apply a fraction of the gross rents (if any depending on the lender) to contribute to your Debt-To-Income-Ratio. 

This fall is the best time of year to buy a house in *my opinion* because you have less competition and often more leverage than during the heat of summer.

Residential work is pretty easy, so I price it competitively if it's a local job and not a very large home.

So one way to change incomes is ERASE foreign nations competitive advantage in sectors, better known as TERIFFS.

Or local only investor who is well known in the community can get those from banks thats why you see this huge amount of HML PML entering the space since 2010 prior to 2010 there was a fraction of the amount of HML pML as there is today.

Also running an STR business is not just as easy throwing it on Airbnb anymore, it is a competitive business.