What about the competition?

That's like asking if anyone doesn't mind having a little more competition haha.

Around here that is what I believe to be a really great return provided you can have your offer accepted in this competitive climate.

We will not share confidential or proprietary information regarding potential deals but competition is not a concern of successful developers.

It looked like they held the NFR bullriding competition in the place.In my opinion, the real problem with payments made that far in advance is the elimination of any need for management or the owner to check in on the property. 

This limits competition and brings the sellers to you.Also my last cash buy had a 2 day delay in closing, oh well, and costed $471 in total closing costs. 

The value add plan, mainly rent increase can come from due diligence and market/competition, but the detail plan (timeline of rehab, graduate rent increase plan)is handled by property management company, so they are the key person for whole plan, do you have any KPI for them to make sure the plan is on the track?

A lot of interest & growing competition in Huntsville as you can tell from the responses on this thread. 

Condo values can be pretty volatile, so the appraiser probably erred on the side of caution.New construction can help values of existing single family homes, but it can create competition for condos - especially high end condos.The 3rd bedroom can be very valuable in a SFH or TH.  

I participated in real estate case competitions when I was there and got the opportunity to present case studies to real estate professionals in NYC.