Your best bet would be to  Brady's private money from the individuals you know to buy the property ONLY if you have experience in managing this type of asset.  

It can be frustrating to do several hundred (not to mention time consuming), but I bet everyone opens an envelope that has a hand written address!

You are correct on your assumption that ugly 4plexes are your best bet to create equity, the question is, how fast can you turn the 3 doors around and rent it.

@Tyler Warne, you bet!

Direct mail and finding good wholesalers are your best bet for the best deals on off market properties.  

He has a good mix of Single Family and Multi Family.My question is what is the bet way to approach him about buying a majority of his properties rather than the few he has on MLS?

I've done joint ventures with sellers on physically distressed properties as an alternative to straight seller finance.  

The biggest point I got out of the movie is that there is always someone betting against all odds.

Next, licensing for door to door solicitations, I bet you have that covered.Now, real estate license issues, how you pay can make a difference.

As for identifying real estate currently vested in names of two or more owners with a life estate and a remainderman (the legal term for the other interest), I'll bet there aren't that many of them.