Yes its more competitive but there are millions of properties and sellers and not all of them will sell with a Realtor.

Do a competitive review in your market of prices and what's available2.

They were the top 3 most competitive for a 15 unit I just wrote in Fayetteville.

One of the creative ways you can structure an offer to make it stand out if there is competition. 

Once you go out into the market you have competition....everywhere.

Overall I feel these are not competitive units in this market.I'm looking to value add on these units by possibly converting the garages to living areas instead and hoping I can bump the rent by doing so.

The challenge this creates is it makes everything more competitive.

I've thought about out of state multi-family homes, but it seems like there's a lot of competition and for someone with little experience and connections it seems like I'll get the bottom of the barrel.I do like single family homes, but I'm a bit nervous about doing a rehab, etc. out of state, so it kind of takes me back to some of the turnkey rental providers.

They're usually priced competitively because the costs to bring everything up to modern times will be extensive.

That gives me some wiggle room to stay competitive with rents and not feed my investment.