If you do section 8 you also have to be aware that your notice requirements for renewal and also for lease termination are longer than the standard lease.

Homes are double story standard homes with around 21-24 Squares.

The Standard wholesale process is that you get the property under contract and that contract states that you have the right to assign it.

I haven't reviewed the Standard Lease Agreement yet, but all I need is the right to sublet, and possibly some negotiated capital responsibilities (owner pays for repairs over a certain amount or split responsibilities on certain expenses).

Face the fear--get yourself in front of more sellers.Little by little, your presentations will become more comfortable, and your success rate will increase.  

@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.

I definitely agree that rent by the room is awesome for increasing cash flow - again, it does come with it's headaches but with the higher risk comes higher reward (I've been doing it for almost 3 years now, it's really the only way to make the numbers work with little cash down on properties).From my personal experience, talking to others at meetups, and reading this post, I think there's definitely demand for specialized rent by the room property management.

With inventory tightening and competition increasing, what strategies have been most effective for sourcing truly undervalued properties?

We were able to get standard mortgage financing How did you add value to the deal?

We have actually increased our buyer side commission and we tell people that we cost more.