It's a lot easier than competing for profits against the other MLS shoppers.

First, becoming REA requires 60 hours of schooling , and then you are stuck with less than 3% commission per transaction (see below link with average rates of REA's compensation), and tons of regulations on top of it while competing with hundreds of other realtors on MLS.

Neither designation guarantees higher competence in taxes than an unlicensed person.

Can you compete with that? 

I think there may be some players in the space advertising 80% LTV on cash-outs but would proceed with caution if you find someone offering it.

There is insufficient housing growth to accommodate all the new residents, so they are competing for the available housing.What is bringing so many people to Las Vegas?

The push back was "if we do this, now you would be competing with the apartment complexes in the area, and you don`t want that".

Most of the leads you generate via cold calls, social media, and other marketing efforts won't transact or even meet with you for some time.Baseball players take dozens of swings in batting practice to prep for just 2-3 good pitches they'll see come gametime.

If it's an owner occupied unit sometimes I've found the big players like state farm to be pretty competitive on price. 

If you were competing against us... a friendly respectful, professional-behaving couple that didn't monthly harass them like a desperate maniac you will lose.4.