With markets adapting to changing economic conditions, now is the time to explore innovative investment strategies.

And probably not a lot of competition.

I'd run your numbers based on that to understand what a realistic offer would be to most people and then see if you can be competitive. 

Even though your market might prove expensive, I would exhaust all options before ruling it out.Truth is, you have a unique competitive advantage in your market.  

Many pest companies stated this was the worse infestation they had ever seen.Despite its condition, the property presented an attractive investment opportunity due to its below-market listing price.

That's your competition.   

As for competition.  

My approach is to take a few minutes per quarter and make sure it is accurate by manually checking my true competition and adjustmenting prices accordingly. 

While it's definitely doable here, our market has gotten pretty competitive over the last few years.

They are generally competitive