It is a competitive business and you have to really love hospitality (in my opinion) to get into STR, passive or not. 

To combat this problem, a great management company who will have your back and navigate the ebb and flow of the ever changing climate of these rental sites is essential.Regardless of industry, when one or two of the providers consolidate power and foreclose all competition, this type of behavior inevitably follows. 

We lag the market's highs and lows, just plodding along with consistent returns.)I have agree with the author that Toledo real estate is priced very competitively nationally and our rental returns exceed the 1% rule frequently.

good part is we have no competition lolI'll beat their number once I make my bay area flip has DSCR 1.54x lol

If you know Gary then you are ahead of that game on a competitive advantage.

I don’t expect any favors or pricing advantage because we pay competitive wages but if someone else is committed to doing a job as good and cheaper then the bottom line is I’m still trying to run my business and make a profit.

From my perspective, the new builds are so competitive with both the prices, closing cost assistance and rate buy-downs that they are a clear choice for anyone looking at turnkey options. 

Put a competitive offer and put your own deadline on it. 

With the increased competition among sellers, it’s crucial to prepare a listing to stand out among the rest and work to address potential buyer objections prior to going on market.

A lot of Columbus developers are opening up shop in Dayton because of the lower competition and lower price entry.