Once there, middlemen and competition remove good from deal.

The first time was when I volunteered for an “elevator pitch” competition at a local reia.

There's a lot of competition though. 

No real conflict there but might make it a sweet touching story that can win you the property in a competitive bidding market. 

Healthcare Information and Management Systems Society's global health conference, The Grainger Show, and McDonalds worldwide conference are all larger size events that cancelled.

The only way that would work in my view is if you had a plot in prime location & felt you had a competitive advantage in a niche (A+ luxury, student housing in dinky town, etc), otherwise the price and difficulty of building would far outweigh your profit.

But I can tell you Dallas and Austin are highly competitive, and from what I've heard about Austin, if you don't have a team and system in place already it's hard to get a foothold.

It's not even a competition, unless you can't get Spectrum.

I started with wholesaling and closed 3 deals but this seems to be way more stable with way less competition.

“Normal” we are a brand new property so we had what we thought were competitive prices and had no yet made a drop for said virus