A shingle underlayment system includes a waterproofing shingle underlayment, drip edge member, and one or more adhesive sealing strips integrated in a single product. The waterproofing shingle underlayment includes a top surface and an adhesive bottom surface. The drip edge member comprises an in-roof portion and an overhang portion, with the in-roof portion affixed to the top surface of the waterproofing shingle underlayment. The one or more adhesive sealing strips are located above the drip edge member on the top surface of the waterproofing shingle underlayment.