I also know one of our competitors in the syndication space allows TIC investors which would allow you to preserve your 1031.

Their management is considered excellent and used by some other turnkeys who don't have it in house.NOTE: If anything my company is a competitor of Chris so I have no vested interest in saying nice things about them :-)

If you believe there are competitors for the property, then you may have to make an offer before understand the full financials, which you will complete during your due diligence process.  

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?

PM handles all, owners are not bothered ( nor should they be ) with BS, $70 bux or so per month,(  SF, avg net rent about 700 after all expenses with PP of avg 65k )  repairs below all competitors, and not having to worry about it ,  screening tenants ,evicting etc, NEVER would want to be involved with any of that .

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'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.

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

I ask because I have just picked up a line of products that I am looking to get info out to and sell to a specific customer base.I am confident that my competitors are not using this type of marketing.

Barriers to entry for future competitors.