Yes there might be more competition but make sure you can dominate the competitors and stand out.Talk to local professionals like building officials, city council members, and local Chambers of Commerce to hear what is planned for the future and any laws you need to be aware of.  

With fewer competitors and more properties available, now is the perfect time to buy an investment property.

i think signs can be less effective especially if you have a competitor on posting these signs. you could use the internet like make an announcement on facebook that you are looking for a cheap property, forthomebuyers uses that method to find cheap houses in texas area.

My revenue is not off but my units are in a regulated market.Most folks doesn't realize heavily regulated market is actually good for superhost-level Airbnb host (that could also be primary OO house) because it would limit the number of supply/competitor.

Lisa,Your market is a hot market I know, so you must live with much competitors and higher prices for houses thats unfortunately (for you) an fact and not changeable but you should make the best of this case.

I need to control the property somehow, because I don't want competitors or the tenant to take the deal out from under me.

They assume or are told by competitors that I'm slumlording or dealing with trash properties because I'm buying them so cheap.

Google other competitors for mugshots, too.Use www.mysmartmove.com and have the prospect resident run a credit & crim rpt on themselves for your viewing.

And letting them know that they are working against a competitor results in better loan packages for you.I recently started up with a third lender and probably will start with a fourth soon.

I feel like most of the negativity comes from people who have never done a deal with New Western and do not have a fair understanding of the model, or else they are a direct competitor to them and want to take some shots, or they simply were a client that managed their rehab or resale poorly and refuse to take personal accountability.