I am a strong advocate for their effectiveness allowing you to do substantially more with your money. 

(Buying great deals and managing those deals effectively).

I manage the property and the tenants, pay the owner of the property a rent that meets their mortgage plus a little profit, charge fair market rent from the tenants I sublet to, and exercise an option to buy the property after a predefined term and at a predefined price.This way tired landlords don't have to manage their property anymore, and I start investing with little to no money.

I've seen a lot of this lately where GPs are offering outside investors pref equity to effectively "save" the project from foreclosure.

Account for property management costs if you’re not managing it yourself and compare financing options.Tools like Rentometer (rental rates), BiggerPockets Calculator (cash flow analysis), CoStar/LoopNet (market data), and PropStream (property details) can help you evaluate deals effectively.

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

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.

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

Of course I was aware there was no curb and gutter at time of purchase and that there was an easement in place, and which hadn't been exercised since year the properties construction in year 1960. 

Which is more cost effective/efficient.