@Bryan Hogsett It depends where you are looking geographically. I would establish where exactly you want to acquire deals then its looking through multiple facets (online, driving, mailers, brokers/agents). Unfortunately here in CA it is extremely tough to get a small MF deal that pencils if it is on the market.
I would find a agent and/or a acquisition consultant you like to get the ball started as they should have a lot of contacts and ways to find deals. At the same time, I would do mailers, driving for dollars, calling owners to see if they would sell. All during this time keep checking MLS, Loopnet, Craigslist and BP to see if a deal pops up.
Thanks @Jonathan Orr My last two SFR were in TX, NC so my mindset is to go out of state. I have a friend in Indianapolis that is doing well so that somewhat interests me. What is an acquisition consultant? Could I find one on BP?
@Bryan Hogsett Smart play in looking out of state. As far as consultants (I am one myself), you can find people to do consultant work on here or in your local REI club. The major benefit of a consultant would be in the analysis of properties if you are not comfortable yourself in doing it or being able to reach into new geographic areas that you may not be familiar with, last would help with putting the pieces together to make a deal run smoothly if you are unsure.