They are often used to finance large, income-producing properties and offer competitive interest rates and longer loan terms.

Having to book your own AirBnB is a great tool for direct insight into demand, rates and competition. 4.

With inventory more scarce in the Midwest and Northeast, sellers there have less competition for their listed homes.

Using the bidding system it forces competition which is the essence of a free market and keeps pricing down. 

We had competition and they had bucks.

You keep a fractional reserve, plus credit reserves, plus liquid assets, and the rest of the capital goes into the real estate deals that really drive the return for you.

Yet, the current market conditions in Australia (especially Perth) are proving to be incredibly competitive.

But competition and demand hasn't declined.Happy to talk more if you're looking in the Detroit area.

as U get experience to be competitive you need to be able to run the numbers in your head or on a napkin forget about calculators.. :)175 pprehab  30kcontingency 5k at least 6 month hold  depends on how much your putting down but lets figure 10k there.buyers in this price point almost always need seller assist on financing so 5k there.and then 7% sales commish250K X .93 =  232k  - 50k  has you at net loss of 18k.. 

How will you differentiate yourself from the competition when you have little/no experience?