It's an amenity - you're not trying to be price competitive with the laundromat. 

HMLs enable quick acquisition leverage which is essential in competitive markets, and offer flexible qualification criteria, focusing on the property's potential. 

Michael-  I have thought about putting together a competition version of Costar.  

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.