STR are becoming more restricted so I can see many competitors entering the market for MTRs. 

I have been sniffing around for nearly a year and a better understanding of the area rental market.it seems long term rentals are no go as there are so many competitors and rent could go as low as 850$.

Ensure robust contingency planning and risk mitigation strategies to minimize disruptions.Leveraging Technology in Due DiligenceCompetitive AnalysisUse advanced analytics tools to track competitor activities and market trends.

You could look at some of your close competitors who have already done this type of renovation and find out what kind of rent they are getting.

In addition to that, tax revenue from STRs tend to be significantly lower than that of their hotel competitors. 

Well, have a couple of competitors that are exclusively apartments/dev land for same.Their marketing is targeted at investors along with the mailing list.However, yes, you can get bad/good brokers in the same firm. 

@Bob Beach we've got a few local "mom & pop" sized PMC competitors that are infamous for similar behaviors.

With D4$ and hard-to-get lists you have fewer competitors. 

We use Showingtime (Zillow), and buy leads from our competitors, Zillow and Realtor. com.

@Luca Giani We manage many properties in Warren, MI so it'd be to our benefit to "roast" a competitor to try to get your business.We've got more integrity than that though!