Forums used to be called "boards" because they were electronic versions of bulletin boards or message boards. 

Ask yourself: do I really have the knowledge of real estate principles, real estate law and real estate finance; the network of contacts; the experience both in business in general and real estate in particular; the time available; and the analytical ability to compete against FULL TIME EXPERIENCED PROFESSIONALS to be successful in a field where the failure rate is so astronomically high?  

Understandably so.

Most will work hard when they are doing the capital call (a few of my deals did that) but some actually called to discuss the situation.

Do you ever see signage near the road that says "we buy houses" call that number and have a conversation!

So, here are the basics based on my market, which is AZ.  

So a majority of the ownership groups would want to sell, plus since they are more sophisticated owners usually would sell through a broker to get max price and not sell privately.  

So you will not be owner occupying a primary residence.

I want to educate myself so that I can help my parents a few years down the road.

@Simon Packman - This year I got insurance for a quadplex through Steadily Insurance (Broker) that I've been happy with, so I would recommend giving them a call.