Quotes vary based on credit scores, points and other factors.The lower rates haven't quite had a foothold in the market yet, meaning active buyers don't have much competition...yet. 

Also you need a good GC that has competitive pricing and that has actually built homes before. 

Pre-covid time were different, there was less competition so the occupancy was high for sure.

Our thesis in North Texas is finding heavy discounts, conducting comprehensive renovations, and holding long-term in middle income markets.

It should encourage a free economy with respect to residential housing recognizing that large profits would encourage competition/development.  

@Anna Brown you have 2 factors that give you a competitive advantage right now - low interest rates and a low tax basis.

My competition ranges from 15-20% but I have some value adds that allow me to be at the higher end. 

In addition, Airbnb is getting more and more competitive since the number of listing are going up and many are not getting filled as fast as in the recent past.  

Turns out there's a way to be that without risking your livelihood.I took a chance on VestRight because what I saw was a ground floor opportunity - a space that isn't flooded with an insane amount of competition.

I did start with lower prices to be competitive and get reviews at first.