They are going to have to pay $800 more a month for that chef kitchen in the area.Four Competitors are still available in the one square mile and they have dropped their prices by $150/month or more this week.

A feature that a few of their competitors offer is electronic lease signing and renewals.

Here are some general tips for you:You can determine the revenue potential of a property with tools like Airdna and Rabbu, but make sure to research sites like Airbnb as well.Find a reliable cleaning crew and handyman, they are the lifeblood of your business.Also look into pricing tools like Beyond Pricing and Wheelhouse (you’re leaving money on the table if you try to do it on your own).Last but not least, research your competitors in the space.

A lot of this concept is explained in the Keynesian Beauty Contest theory where only the top competitors get the most notoriety but the best picks are hidden in the field.

And all portfolio loans I have ever worked with and seen from competitors have been non-recourse on 1-4 family properties. 

Risk management, less chance for a competitor to come in.I would stick with this model, small location drive up. 

Stop yourself from resisting and use that intel as a competitive advantage against your competitors.

It really depends on what deals are available in your area and what return your competitors expect in your market.If you plan to live in one unit and rent out the other unit, then it is just as much a personal decision as it is an investment.Are you choosing to live in one of the units because it gives you a good location to go to work or go to school?

My Airbnb is in a regulated urban area where my main competitors are hotels.

Could you point me in the right direction to learn how to get ahead of Google and competitors?