I like the idea of 'clusters,' where one geographical area hosts multiple competitors relatively close because they draw in talent and buyers (think Silicon Valley or Tel Aviv, Israel -- for Tech)Minneapolis, like many cities in America is experiencing a Brewery Boom-- 8 have popped up in a 2 mile radius after the initial had great success. 

Depending upon which OTA's you are using, you can do your own research among you local competitors and adjust your rates accordingly.    

We may be competitors in some respects, but I wanted to jump in and recognize you guys for the good stuff you are doing with your props and the way you are managing.  

. - are you noticing less competitors on the buy side from other local rehabbers?

It was overpriced at the list price of $120k, so many of my competitors probably ignored it.

Or even a guarantee along the lines of having them match a major competitors bid for work after the fact to prevent them from gouging you? 

Being in construction, you are more qualified to self rehab or self what ever the value add is than most of your competitors that will have to hire out much of the work.  

That creates lots of competitors and multiple bids. 

I told her to tell him he was right, one more competitor chased away by a little hard work.  

To figure this out you might want to look at a few of your close in competitors and see what they're asking for the rent as if you get an idea of how long they've been on market.