Education will put you in anticipatory and preparation mode, it is better to seek instruction, take action and fail fast. 

I can also help you with creative financing to achieve your goal faster.

Here’s what you need to know:1)Expect to Pay a Higher Interest Rate Than on a Primary Residence2)Prepare for Stricter LTV Requirements Than With Primary Residences3)Know What Lenders Are Looking For

Get creative with it.  

Taking the time to prepare for your first property is very smart and by joining BP you've already taken a step in the right direction.

Unfortunately, you're probably reading that MFH are dried up right now and it's true- you'd have to dig dig dig to find a motivated seller and use some more creative techniques to find the right property.

You also need to have thick skin and be prepared for the fact that some people you would expect to send you referrals, just wont.So pick at least 100 people in your sphere.

Learn what you can and be prepared to work.

My question is, what are some of the creative strategies we could use to attract cash buyers; in other words what are some of the things that we could do to lead them to us instead of us chasing them one by one? 

I agree with Jerry Rein as far as buying and occupying a 4plex if possible and renting out the condo, which would move you in the direction of owning multifamily properties and also help to prepare you for bigger multifamily properties.