To achieve $250 more in monthly rent per unit than your competitor you will be on the high end side of the finishes / cost.(46) units is pretty dense for the amount of land you're assembling.  

That said, the two investors who lost houses in that subdivision were both competitors of mine, so maybe I should be happy they didn't have insurance...they're not happy about it, though...

I have found out the hard way in life that the more knowledge I acquire the stupider my competitor gets!

Sometimes it's a competitor giving you a bad time.

We're at the beginning.Few suggestions for research:http://www.airdna.co/#_l_bp Airbnb gives an estimate (I average the two).Pricelabs.co - I use it to automate all my pricing, but you can use it to get some of the airdna info for free, and spy on your competitors (you just pay to hook up your place, to your account).If anyone needs some advice / has any questions, feel free to message me.

You are charging $1500/2bd but your competitors are charging $1450/2bd complete with en-suite washer and dryer.

I'd be more than happy to do the grunt work but he's against teaching his system to the "potential competitor."

Several of our competitors charge a monthly membership, which is great when you intend to fully utilize all their functions. 

Not likely...wipe out the guy who reads a news article on a new competitor and calls it quits?

You need to know what amenities you need and how to differentiate each property to stand out among the sea of of competitors.