You must talk to some hard money lenders (which can range from a private individual with cash to lend, to a quasi-mortgage broker who does HML and bridge loans - the former often being the easiest/quickest/simplest to the work with, the latter often being more like applying for a conventional mortgage), because you have to know the following about your financing options/costs in order to evaluate potential deals:LTV/down payment requirements, and whether they cover just purchase, or both purchase and rehab costs.

Simplest option, the parents buy the kid the house (if they are so inclined) and leave it in their will to the kids.

Obviously the simplest option would be to keep lowering the price till it sells.  

With wholesaling, you're looking at the after repair value and the ROI for the investor buyer.In the simplest of examples, say that $100k property would be worth $200k after $40k in repairs, you put it under contract for $80k (the seller gets $10k profit) and assign the contract for $15k, that leaves a good profit margin for the investor buyer.

Fixing the self created, and self limiting problems is the most valuable, because these are the simplest problems, and the ones that will have most impact on your ability to help other people fix their problems.a good credit score is reference that you can properly manage resources, without it, it's hard to convince someone you have that skill.

If you're now able, the simplest thing might be to get the property and loan in both of your names.  

Your opportunity cost (at least with the simplest of examples) would be $625K. 

@Martin Saenz I think of it at it's simplest as the hunter vs gatherer mindset.

Income real estate is "valued" by cap rate, which in the simplest terms means you take the net operating income, divide it by the purchase price, and that is your cap rate. 

The easiest and simplest methods I've seen again and again are either posting on CL or searching around CL to find the "We buy houses fast" kind of guys.