That's easy for me - - entire street is R2 (MFUs) and therefore they're all my competitors.

We have explored some competitors, but have not found anything that jumps out as any better.  

Just viewing the rates of competitors is akin to valuing property based on "For Sale" signs. 

The added gamble is training someone who could move on to work for a competitor, or become your competitor.So in a sense the managing partner would take on a sales rep. role.

The house had just come back on the market, and the had multiples, we were not the highest but the bank considered us the best.If it's an owner, you can just be nicer then your competitor, you can bring the seller gifts, you can ask him what he needs, dies he need help moving, dies he need to borrow your pickup, get in a conversation and find out what his needs and wants are and fill one or two and that will set you apart and make your offer better. 

Hi Marquis, Welcome to BP, I am also a Real Estate investor in the Las Vegas area, That doesn't mean we are competitors, because there are plenty to go around, it means we are partners in a great market.

Your best bet would be to see what your competitors are asking and if you do not see anything for rent then call them up and see what was the latest deal they have signed up (if nothing is available I would also try to push it higher on one by one basis to your tenants react).

I don't know how you market yourself or what your competition is like, but if you are not adding more value than your competitors, people will let you know.

Those people are few and far between, and are probably either your employees or your competitors.

Find a competitor and go with their product.It sounds like you may not understand Fannie/Freddie well either.