I guess constantly reminding everyone how long you've being doing it does not constitute chest pounding. 

PENNY WISE - POUND FOOLISH!

I know I must pound the pavement to find the quality wholesalers that will get me started. 

I do believe that the best way to source the best deals is to mail, contact the owners/sellers, get in front of them, ground and pound like what you're doing. 

I have been funding deals since about 2003 in Indy.. and many mid western cash flow cities.. and unfortunately west coast buyers just chase yield or cash flow and seem to have cash flow pounded into their head.. and so because its cheap they take excessive risk on low end hard to manage transient tenant base.. 

In their minds, they would be better off taking a 40% pounding in the stock market.AG  

The dirt guy keeps hauling dirt off thru Sunday.The railroad guy gets in Monday and is floored by all of the corporate offices at some pretty high levels that have reached out to them with my 800 pound gorilla story of them. 

I can’t imagine that working too well however, admittedly I have no experience as I have never done that for that reason and a number of others.Bottom line, start pounding the pavement and researching for info, when you put forth effort, it will typically pay off in the end knowing failures will come and go along the way - also part of the business. 

I can clean the walls and touch up between tenants versus repainting.Trying to skimp on paint is being penny wise and pound foolish as the old saying goes.

Using a calculator designed for single family acquisitions to underwrite a multifamily property is like trying to pound a nail into the wall with a screwdriver.