The difference is that you own a fraction as part of a syndicate.

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/?

Inventory is limited right now, and it's gotten more competitive, but the rental market is strong and there is a lot of upside.

I was watching that Bill Gates documentary and he was talking about the toilet of the future and how he is funding competitions for university students to design it.

If you're struggling to secure any interest than your unit is either not attractive to potential tenants, or not competitive.