Is the competition in commercial the same as residential?

Here are some more points to consider:Your rental condo will be just like everyone else's so you will have stiff competition.

My name is Jeffrey Cerra, I am a builder/developer moving into the stand alone fractional vacation home market.

I am NOT SUGGESTING you do this, but I do know this makes for more attractive contracts for sellers.4) Coach your clients that the market in your area is highly competitive and they should anticipate offering above asking price (if that's the norm or what it takes in your area) to get the house.

Don't want to sound negative in my second post but Round Rock has had a highly competitive rental market due to Dell layoffs over the last few years.

I could always spot competition looking at my homes.

Some great advice here.I would also like to ad that I buy full kitchens and bathrooms off craigslist and offerupnow for a fraction of the price of installing a brand new one.I only buy materials which look new.Recently I bought a kitchen with granite bench tops and all appliances for $700.

You have mass competition priced way lower than you.

Not ideal, but its how services can keep prices down and adapt in a high competition market.

Families with middle+ means who don't decide to leave the area are necessarily your competition for great properties in this and the surrounding areas.