Hi @NA*I am not affiliated with Sodt Pull Solutions*To perform soft credit pulls on potential borrowers, services like Soft Pull Solutions can be highly effective.

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!

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

Even though you are the only post that seems to advocating purchase, i lean toward purchase.  

This rule is part of the Securities Act of 1933, which was established to provide more freedom for businesses to raise capital while still protecting investors.Here are the key aspects of Regulation D, Rule 506(c):Rule 506(c) Filing:Allows issuers to broadly solicit and generally advertise an offering, provided that all purchasers in the offering are accredited investors.Requires issuers to take reasonable steps to verify that the purchasers of the securities are accredited investors.Issuers must still file a "Form D" with the SEC after they first sell their securities.The rule effectively lifts the prohibition on general solicitation and advertising for certain investment offerings, allowing companies to reach a broader audience when seeking investment.Accredited Investor Definition:To become "accredited," an investor must meet certain defined criteria regarding income, net worth, professional experience, or size of the entity (if the investor is an entity rather than an individual).

You should also be well versed in the local vacancy rates and how they effect your unit and turnover times. 

I see far too many having effectively no co-invest once you net out the acquisition fee.

(M2M Lease)A couple days later Tenent texts me and says they have left the property effectively today (bf doesn’t help out with bills, drama, etc). and wants off lease. 

Do you recommend using a general contractor, or would it be more cost-effective to handle it myself with subcontractors?

It also positions you to work more effectively with lenders and partners who want to see a professional financial setup.How are others here organizing their finances?