As a mortgage professional for twenty plus years, I can share that the mortgage market is similar to other competitive industries.

Also, the listings I have received these offers on are all in a good part of town, priced competitively with comps or a completed appraisal, and either recently renovated or not needing much updating. 

There are facebook ads almost daily.The competition is fierce.

I own a fractional interest in over 2,500 units today, and I don't have to hassle with tenants or lenders or inspectors or insurance or contractors or property managers.

This could suggest a shift towards a more balanced market or even a buyer's market, where there is more inventory available and less competition among sellers.The Median Days Homes are On the Market is 18, which is relatively low and suggests that homes are selling quickly in this market.

Even if you did hold the golden key to success what would cause you to want to create your own competition unless you was trying to sell some program, mentorship, or some other benefit from doing so?

But I feel the competition is not as much.

Quote from @Jacob Sherman: ground up construction is always much cleaner . in a fix and flip there are many unknows that may pop up after the demo stage is complete  this guy knows what he's talking about. forget fix and flip. new construction also appraises 20% above at least existing depending on age plus land cost is cheaper and less competitive, especially in markets like columbus 

You basically become a fractional owner in a large piece of property, such as an apartment complex or retail or industrial property.

A kot of better options for less if not a fraction of the money TBH.