Yes, you look around and it feels like there's an overwhelming amount of "competition".

thank you, ladies... there are about 500 homes in that half square mile. i'd love to get my hands on a fraction of those...i have looked up the assesor info online and it's TIDEOUS. i have to click 3-4 times for each home. but i will do it.. thanks again.

I know I am talking more about buyers than I am leads but the point is that there are many leads the competition is ugly.

Your plan not only slices the available rental market down to a tiny fraction of the population, but also requires your potential tenant to be silly enough to drive several hours to and from their business interests.

I work in a very competitive market in the Chicago west suburbs near Oak Park, and I was able to close 9 transactions in my first year and 17 transactions in my second.

You have to be very competitive to convince someone to live there, instead of, say, Lancaster.  

BiggerPockets happens to have a lot of Landlords, and a couple of us have painstakingly gone over them, state by state, to produce a product that we believe gives investors a starting point that is better than what the competition provides.

Have you checked out other buildings in the area to see your competition? 

Amgen is now has a fraction of the impact/weight they used to have in NP, so their latest recent downsizing announcement once again created a giant... yawn.

@Nichole Stohler If I understand you correctly you are looking at the difference between a Debt investment (holding a note in whole or fractionated) or an equity investment, which is having an investment in actual property.