I don’t know if that is something I want to start with all of the competition right now.

You should keep it to yourself though, if you get all the BP'ers buying in there, you will have more competition, fewer great deals for you :-)

However, with the more complicated operating systems and heavy competition, that’s not true anymore. 

What we are seeing is a massive increase in the number of properties for sale which has resulted in more competition between sellers and more of a balanced market than we've seen in a long time.If we continue to have a high number of properties for sale and a shortage of active and able buyer's then we should have some really solid buying opportunities even if the overall market doesn't drop. 

Some like heavy value-add deals. 

Once the current glut of new supply is absorbed, there is nothing in the pipeline, creating a 3-5 yr window of lower competition.  

I was hoping and under the understanding that I could use the remaining available 5 & 7 year bonus buckets in 2022 as income was very strong in 2022 and as it sits currently in the 35% bracket with heavy Penalties and interest.

We are able to book at a higher occupancy and at a higher nightly rate then our competition in the same area.

I can't imagine what the competition is like today in light of this insane summer market. 

So your not waiting for a judge to declare the sale good or any other process of law.. its done the minute you hand over the check.. you also do not need to put up a deposit to bid.. you have to put up the FULL AmOUNT of minimum bid as stated above in a cashiers check.. this really cuts down on competition of course.