After identifying the property’s potential, we negotiated a competitive purchase price of $28,000 by highlighting its renovation needs.

Even if a family has high coverage, the insurance adjusters still want the lowest option so it's important to also be competitive. 

I find myself spending a little more off season than on as I do more tweaking and research to remain competitive and in front of eyeballs.  

You may not get the first property you offer on because if it looks good to you, you will probably have competition so start offering on properties that fit into your personal investment philosophy and meet your minimum financial requirements. 

With your upgrades and competitive price, it’s all about connecting with the right buyer!

And therefore competition among tenants can create significant challenges, like...Businesses may struggle to establish a unique presence and loyal customer base, and a lack of profitability due to nearby competition will likely lead to higher tenant turnover.

My local place is called Appliance Factory & Outlet, and they provide new, with warranty brand name models of appliances for a fraction.

Then you have a competitive advantage.

For doing an STR well the larger properties are best and it needs to stand out amongst competition to perform well. 

It’s a win-win: investors get the capital they need to grow their portfolios, and lenders earn competitive returns with a relatively low-risk investment.It’s worth considering if you're looking for more funding options or better returns!