.-- Market analysis to determine rents (when units churn and also renewals), security deposit and last month rent requirements-- Work with leasing agent/s to suggest rent changes, incentives/ promotions to enable units to be competitive (if there is too much supply)-- Review each and every maintenance work order and shop around for contractors / service providers if necessary.

My market in Hampton Roads is competitive too, but it’s all relative!  

I have a competitive advantage in south east Florida, as I have a lot of family there.

It seems the NYC real estate landscape is heavily regulated so flipping and assigning contracts (especially in such a competitive and well-priced market) would be an uphill battle...

The relationships that I built at that mastermind group lead to some pretty awesome deals that have made me hundreds of thousands of dollars.My newest mastermind group is with 4 other investors who are doing things at a big scale and who have followings and influence and who also coach other real estate investors.In other words, I created a couple of the mastermind groups myself and the others I joined or bought into.  

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.

Rates are competitive too...5% or less

I've found that having a hot tub gives a nice competitive edge. 

I will let you know if I find anything competitive.

You can't get a lot more than your neighbor when the units are all the same, so it's always a pricing competition.