The hard money lender will also be doing the paper work etc. so you just shadow that as well.recommend that you fund 100% of the deal and avoid for your first time a co Beneficiary transaction.. ( which is basically what crowd funding is  IE bringing a bunch of small investors into one loan)...

Like the others have mentioned, one problem with being an absentee landlord is showings and moving tenants in and out.Other aspects like marketing, tenant screening and rent collection can be done pretty effectively remotely.The properties I own near me I manage.  

So issue is essentially what you were asking access that equity other than selling it and "how to" measure the refi fees & cash in hand vs effect to cash flow & refi fees.I have seen a couple posts asking about using HELOC loans which I guess have less fees but just started researching those but I guess they are lower LTV so might not offer access to as much cash.I guess it all depends on goals and what you want to accomplish...

I would appreciate feedback from investors who has used this medium and the effectiveness of this marketing technique. 

That will allow you to earn money transacting in real estate which I believe is your intention.Your not going to be able to find (m)any agents who would be willing to work with a buyer interested in those strategies.

Is it more cost effective to just have a PM take care of this or do they generally charge a premium?

It's best to negotiate directly with a seller, because the solution of an owner financed transaction requires a fair amount of motivation, and you wouldn't be able to offer a solution to the seller if you can't talk to them directly about how your solution will solve their problems.

@Gina CresseTo learn about the prohibited transaction rules visit the following:https://www.irs.gov/Retirement-Plans/Plan-Particip....

I believe that if it is structured like a typical hard money deal, then yes.Note - often, I believe that the portal will set up an entity for the transaction, of which the participants get an equity cut.

Alb My default is to wholesale SFR properties but I do other types of transactions as well.