Use the STR calculator here on BP to see if it a lucrative market or over saturated and too competitive to make it without using a bigger platform to host it. 

I'm fully aware of the intense competition, but after visiting several areas, I still believe the Midwest is worth the risk.

Our partner, Jamari Spruell, identified the property as an off-market opportunity, allowing us to avoid competition and secure a favorable price.

In the short term, this will just create more demand for entry-level properties and cause prices to increase thanks to the competition and multiple offers that will surely come (especially if rates continue to drop).

With that kind of fico score, you would be able to secure a rate that is competitive if not beating conventional investment property mortgage rates.

i am using 85% because of how competitive things are here in san jose ca. i tried to use 70% on several deals, but other flippers pay way more.example, i bid on a home that was what i thought an ARV of 2M... i offered 1.4M, someone bought it for 1.65M. 

You might start by networking on BiggerPockets and LinkedIn to find top-rated agents who specialize in multi-family properties.FinancingSecuring financing before identifying a property can give you a competitive edge, especially in fast-moving markets.

The market is competitive in most markets, so the best properties win. 

If your LLC has a note on the property, why couldn't you write that loan with competitive terms and then sell it once all the repairs are completed?

Here are a few questions to get the conversation started:For Buyers:What strategies are you using to find good deals despite increasing interest rates and competitive bidding?