The companies that will stay down after a recession are the ones that went in weaker, and had to lay off their core talent, give up critical assets, end up buried in debt, or didn't have the funds to develop any new products while their competitors did (ie, you should have bought those competitors instead).

They save money, being from a state with one of the highest real estate appreciation situations, you have to look for every opportunity to have an advantage over your competitors and I think this is one great selling point which will work in your favor.2.

One thing that I think you can use to your advantage is that during negotiations with sellers in that scenario, it's probably safe to assume that nobody else is touching these properties as competitors, as indicated in this thread (unless, of course, I am trying to buy the same property :).

Potentially, depends on layout/cost/competitors/etc.

Daily Dicta: Former ‘Fox & Friends’ Anchor Turned Real Estate Guru Turns Tables on Competitor Now hold on a damn second here.

Take a look at ads online for apartments that would be your competitors, and then go and visit some of them.

What sets me apart (I like to think) from my competitors is that I am persistent and consistent over time.