I agree, King County is way too competitive.

The later into next spring you get, the stiffer the competition you'll see from retail buyers.

Wholesaling is competition for a realtor and I believe that's why Mr.

real estate has supply limitations for buy and hold and flipping....whereas the stock market you can leverage your capital 4 to 1. and scale ..as I mentioned before I like real estate but as an investor I see alot more competition and properties going higher and reducing cash flow

More specifically, the supply index within a 5 mile radius of the facility - is it undersupplied, oversupplied, or at equilibrium, the quality of the competition, is it growing, stable, declining, Median Income, etc. 3.  

Since moving here to Las Vegas I have learned how competitive the flip market is and realized that I will certainly not make it if I only buy at the auctions!

The competition just wanted out.  

As a wholesaler the time saved alone is worth that, and I would imagine a flipper would appreciate the chance to save time and money by skipping the wholesaler.With that said, being a wholesaler myself I feel like it would be unwanted competition!

As @Leo Khmelniker  said, it's super competitive, and there are lots of "trending" neighborhoods/strategies.  

There was one of the 10 page long threads on here a while back that discussed people having "unfair advantages" over the competition, that thing they know or do that lets them score deals that the "average" or "median" investor can't touch.In your case it's clearly construction.