I am new to real estate and I would love to hear your favorite strategies for finding distressed properties. 

We intend to gift properties and money to our heirs and they can be investors and landlords or whatever they chose to do.Not sure I really want a financial planner telling me what I am doing is screwed up, but I will listen to other RE investors and any good ideas they may wish to share. 

However, my favorite method is still the simplest: checking the cash in the bank.Each week, I look at the current account balance (minus any outstanding credit card balance), compare it to last month's balance, and even check back to last year’s balance.

My favorite link for the proper order of investments is https://mymoneywizard.com/correct-order-investments/.Jump in.

The BRRR method is a favorite for scaling, and I’m sure you'll gain a lot of valuable insights as you make that transition.

This tenant has since had another child and moved to a different larger unit of mine and is still one of my favorite tenants.

we manage around 40 right now (used to be at 80 or so) not my favorite program for sure but in some areas and for some homes it is the right path to take. 

Some of my favorite Zip codes are 38109, 38104, 38111, & 38107.

If we can avoid paying a "gift" tax that would be great!

You could also offer a gift card to a local gym to keep things fresh for health-conscious renters.