I have also called "local" We Buy Houses companies (I am a competitor with my 'We Buy Houses In Central Texas' company).

Anyway, as a GC, here's warning signs I saw and heard about competitors:1) Being the low bid, especially a really low bid.

Look at your local market to see what your competitors are charging.

They just lost a HUGE member of their team that transferred over to a competitor.

Any true ethical business person knows that the way to win in business is not to downright knock their competitors. 

I have great photos (clear, bright, well positioned), it's in a great area where people love going to for Coachella and Stage Coach music festivals, there's a beautiful pool and hot tub with lounge chairs, I have Instant Booking on both Airbnb and VRBO, I have nice furniture and decorations, and I have the nightly prices slightly below my competitors.

It's still like-new despite a lot of usage.The hardware is superior to comparably-priced competitors lines, though the boxes are particle board (the fronts vary in materials).

They do what you are looking to accomplish and can either be a competitor or a partner.

Do your competitors have swimming pools?

Regardless, they performed a service (acquiring a property far below market) and want to be compensated for how successful they were at performing that service.Of course, if you don't want them to have that much of a profit, that's your prerogative...but if the deal is a good one, there's probably one of your competitors who'd be happy to let them have the profit.