We do mostly private money these days and most of our competitors are either **** down due to the credit freeze or running out of money.

Go visit (when the Covid is over) some competitors for sale within about a 3 mile radius and see what they do.Snap some cellular pics of the things you like.Talk to some local Realtors (who sell a lot of SFH's like yours) and ask them whats popular.

I'd love to know what other people are seeing or what they are doing to combat this. rent is actually decreasing in the last 12 months, lot of apartment syndication is on trouble becoz their competitor is starting to give free rent or reduced rent, also there're more rent unit available in the market these days, like texas in general would have more rent unit available til 2026.

The question is will it derive extra revenue from adding it or do you need to do it to maintain revenue to keep up with competitors?

It occurred to me after I wrote this post that a "competitor" probably flagged my ad or whatever they do.

Saving 2% in processing and 3% elsewhere is what is required to survive and/or thrive, while competitors are shutting down or being bought out.Other trends in 2021:- Paying existing tenants to conduct showings before vacating, thus not needing to pay real estate brokers - No office, be completely remote, save $$$$$ by not having an office space- Virtual team: pay $5 per hour to an expert European consultant instead of $20 to an entry level American.- Your property photos = marketing content, professional photoshoot / videos / 3D walk-throughs = major change in demand generation

Barriers to entry for future competitors. 

Inside, the spaces do not look like someplace a person would choose to live compared to a standard apartment...if the market were super hot, and getting a rental was hard...and super competitive, people will live anywhere they can get...and make do, but with more attractive offers from competitors at similar prices, they tend to shop for the best they can get for their money.Let me give you an example of two things that jump out at me...Bathroom: There is a huge space between the toilet and the sink and the shower is a (tiny) 30" x 30" (ish) looking space vs a 60" x 34" (ish) bigger space (aprox. tubs size) that fits people who like to eat a lot.

I've also completed trials of competitors and found that when compared to Buildium, they didn't hold a candle.

Do you think your competitors would stand a chance?