Regardless of the current condition there is ample opportunity to stand out from existing rental competition with attractive styling, design, decor and pro active management. - Profitability & Consistency: Last but not least..prime Oregon Coast STR vacation rentals generally do very well financially.

Since there is a cap on the rental within the city limit, does that means there will be less competition for the rentals  

I would appreciate any guidance on managing these types of financial partnerships and navigating a dynamic, competitive market.

With nobody able to see the unit in person, I had no competition negotiating and was able to get the house for over 20% under asking whereas it should have sold for full asking or slightly over on the open market.

Lenders that specialize in this property type area are reasonably competitive.

You could even let them double end the deal for 5% commission because you’re taking out the competition so there’s no chance of a bidding war.2.

Borrowers usually only put down a fraction of the purchase price, the lender is stuck with the property if either of the above criteria fail.

The deal was valued based on a recent sale of the local Holiday Inn, (only real competition for us) which also needed to undergo renovation.

The partner in question has multiple times the loan amount in his bank accounts/liquid assets.You should definitely be able to find other options with more competitive terms.

Even then, there is still a lot of competition for deals.