But some of the younger generation given the choice of an iPhone and Social Media VERSUS oxygen to breathe might chose to give up on the oxygen first!  

I recently expanded into this market and have been generating some great leads.

There are many reasons why they were able to do that, but a lot of it had to do with the fact those properties generated enough income to weather the storm even during a major crash. 

My off-market mailers to lists like this have generated several off-market options with investors looking to wrap up their investing career.Most 4+ unit buildings that hit the active market will be priced way higher than you want to pay.

I know that this topic has been posted before,  I was following that initial discussion, however the results were minimal, and perhaps someone may know of new options that have become available between then and now. 

My initial thought was to ask my father (who is living on his inheritance) for a $10k loan, but he doesn’t think that now is a good time to get into RE.

Hi @Maria McCreless our company has been sending mailers for over 15 years and found it to be a great tool to locate motivated sellers. 5% is a good initial response average.

Alternatively, use the BRRRR strategy to rinse and repeat so that you can get the maximum out of your initial investment.

Would you only raise rents to market if the tenant is less than sub-optimal and take the initial hit in hopes of a better tenant in the future?

I initially offered 39,500, they countered at 43K, I countered at 41K, they accepted.