Finding below market value properties and closing the deal

[Sean Gallagher]

I've been working with an re agent in hopes to find a property below market value with good investment potential to hold onto for a little bit then rent out.  It seems that the really good deals, certain people have first dibs on them?  Like whats the best approach in finding a deal?  It seems that us investors are in a war with who is going to snag the deal first.  Competition seems to make things that much harder...