So, essentially it takes out a lot of the guessing and constantly looking at your competition to get you more bookings.

Today is an age the USA has long not seen, COMPETITION.

What we found out doing our research is that in Costa Rica, large vacation rental properties that are different than other properties can create a good return because the competition is lower and also money lending can be a good return because you can charge high interest with only a 50% loan.

I know this is a super competitive space and like @Joshua Granberg said, the new zoning changes in western Washington in recent years has been a game changer for these types of units.

If you're living in one of the units, you can often get a residential loan with competitive interest rates.- **Financing Options**: Look into FHA loans or conventional loans that allow owner-occupancy.

@Jonathan Feliciano Ask yourself what competitive edge does this boots on the ground partner brings to the table a reputable GC and PM can’t provide?

By listing it lower, it may be more likely to be supported by comps AND could create a demand buzz that will lead to multiple offers and competition.

As you can tell, it’s a very competitive industry and many loan officers will do whatever it takes to get your credit pulled and pay for an appraisal. 

You can get much better returns and less competition than a condo.

Is this common, or are we overpaying due to lack of competition?