Look at your competition to see the types of finishes they're using.

For several years, many investors have been saying there is too much competition, so you should wait for the next downturn.

There isn't as much competition with bidding since it's weeding out the weaker investors.

@Cameron Fee - I agree, all of Newark is extremely competitive right now.

As a result, I'm looking for resources outside of that circle that understands this scenario and can perform honest, competitively priced work.Alternatively, we would also consider pursuing a good property manager, that provides transparency with us and their contractors, handyman, etc...

If something comes up that you like and feel comfortable with price wise you may have less competition now than later.

I have contacted several lenders in Ohio and they have quoted me rates that seemed about 100 basis points (1%) too high compared to what I was offered in CA.I do understand that right now the rates are bouncing all around but I am just wondering who can help me get competitive rates in Ohio?   

I am considering switching to a longer term rental, but agree with @Jon Crosby that if I wait it out while others convert, I may well benefit from  reduced competition. 

This will help you gauge what the competition is doing.

A short-term rental can be used as corporate housing and commands nearly three times the rent, creates less wear and tear (no furniture constantly being moved in and out) and attracts high quality tenants (typically traveling executives).Testimonials & Review A competitive renter’s market means potential tenants are getting more finicky about who they rent from.