That's the equity in this real estate.Unlike a business that is producing some product or service and that has some ring-fencing against competitors, real estate really has little value beyond the asset itself.You and @Joel Block make valid points that your EXPERIENCE does have value.  

I typically use my handyman or laborer for and landscape restoration but I am not that pleased with my current handyman (I used to have a great handyman but now he has units in my market so is a friendly competitor).I keep wanting to find a new handyman but I keep putting it off (there are infinite things I would prefer to do).The laborer requires more over site than the handyman is supposed to require but works good for items like laying an entire yard with sod (lots of labor involved).So I do not have a recommendation for a landscaper.

For laundromats, I visit nearby competitors, at different times of the day.. 3.

Don't worry, I'm just as inclined to have a side-swipe at Realtors who make $240k (3% commission) "for a smile and hand shake" selling ONE $8M property.I'm an equal opportunity decrier.

I am just starting my journey but I have met with a lot of my (friendly) competitors that have given me a lot of advice.

It is simply a swipe right or swipe left that you can complete at the end of the day.

BP and RK = competitors

FYI, We do not EVER go after D stuff, and the C-class properties that we acquire, rehab, and manage are treated vastly differently than our competitors. 

Also, do competitor research to understand which competitors are showing up.

I think most of our recent competitors are novices like we were 2.5 years ago who stumbled upon this opportunity, not sure any of them will be ready to buy 4 at once BUT we might be able to sell off individually if we can get the word out to the right niche of folk - perhaps via a trade magazine or website.