Sometimes when placing an offer --  the POS is not yet available - and when you place an offer you can make your offer contingent upon approval of these items... although in order to have a competitive offer in this seller's market you are basically forced to "assume" the pos violations once they become available (usually 2-3 weeks after it's been ordered) -- you should be able to tell if anything more serious might come up on the POS via your own personal inspection. 

However, it’s important to price competitively and be prepared for buyers to request concessions.

@Jake Andronico A reverse 1031 exchange allows you to buy a replacement property before selling your relinquished property, offering flexibility in competitive markets and deferring capital gains taxes.

Attractive digital marketing fliers, 3d tours, professional tours, rent specials, and competitive pricing all help too!

In my area cap rates are getting better because there is less competition, lower prices and rents are still the same/rising. 

Hi Kevin,Great question... finding the right property management (PM) company can make or break your investment strategy, especially in Orange County (OC), where the market is both competitive and unique.

Getting it under market value would be a bonus.So, would using an FHA 203k renovation loan, which would allow me to buy something unqualified for a standard mortgage, which would weed out a lot of competition and push the price lower.

I am not opposed to the idea but definitely need to get more educated on the details such as where exactly, is it too crowded of a space, how to be competitive, maintenance requirements for a beach rental, etc.

The massive wave of illegal immigration has added to competition for housing.

Metal is competitive with lumber construction cost.