If that were true the various real estate niches would have almost unlimited competition and profits would head toward 0.  

I am not looking to waive the inspection but what other options can I present that people have used which makes the offer competitive.

So competition is high.

I don't think you are at the point where you can plan for global domination.

Are you fully booked but maybe not charging as much as you could or are you failing to fill your calendar (maybe you're not pricing competitively enough).If you aren't booking up your property then a tool like RankBreeze could help you increase exposure of your Airbnb listing while also doing some of those strategies Mike suggested.

Luckily the personal referral had the most competitive bid and ended up going that direction.

It is EXTREMELY competitive and the margins are very thin, so the more expense you can mitigate the better.

What about the competition? 

There is always room to add another property and make a decent return, but it requires enough knowledge/experience to create a rental that is unique enough to attract renters away from the competition.

It’s priced competitively using area comps (even slightly lower), it shows well, and we even allow dogs (no cats).