Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Every bit of information that I was handed down by multiple sources closest to HUD turned out to be unequivocally true.

I'm wondering if there are any other tools or strategies you've found effective for sourcing off-market properties that might be more budget-friendly.I've already identified my target market, and I'm hoping to find a tool that can help me implement my cold calling and marketing strategy to start generating some quality leads.

Also are there any recommendations for this type of data from sources other than Airdna?

The equity guild up, and added CF are your profit sources, which continue to add up. 

@Michael GibsonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I agree with @Jonathan Greene that investing just for cash flow without another source of income can be a risk of burning cash. 

One that is durable and easy to clean with affordable source-able parts.

@Franklin Graves- thanks ...try  locating the  funds needed  from  other sources ....401K loan ? 

You'll want to get a local agent who can source off-market deals for you.