Speak with your agent and see what the competition has sold and what is on the market, who is the target buyer, etc.

Still, and even more importantly, location of the property, competitive pricing, applicant pool, etc, these will all play into your ability to get the place rented.Since it sounds like your situation was one where you're acquiring a new property, Grace has the right idea with 2-4 weeks ahead of time (but I'd even still say give yourself as much time as possible because applicants may fall through; ex. someone backs out after going through the screening process and showing intent on signing, but never does, generally you want to know that information well enough in advance that you can still not find yourself in a pinch.

It's the ability to repeat and systematize profit generation without being dependent on market conditions or competition.

Do you think there will be competition or are you doing a different combination of price and terms (e.g. $150K and 2 week close vs $140K and 1 month close)?

You can always expect competition in the rental business, but more so when you are competing against bigger apartment buildings.

Purchase price: $54,000 Cash invested: $60,000 Single family rental purchased at 20% cap rate in a competitive rental area.

Does anyone have a contact for a bank/broker that does cash out refi and operates at competitive rates?

@Ben Theriault students rentals can be a very profitable niche, however I have noticed a massive surge in competition in my market of Columbia, South Carolina from national student housing developers and local mom and pop types.

Right now inventory is very low, so the market is super competitive for buyers, especially if you are looking at it from an investment standpoint.

We are getting a good amount of off-market deals but marketing costs have gone up with so much competition. https://www.wbtv.com/2020/01/10/more-people-moving-nc-than-ever-before-report-says/?