Looking to invest 40 with partner

[Miguel Angel sanchez]

Looking to invest 40 k in Virginia Beach.. looking for an investment multi family. Wanna know what to look at in regards to increasing value, since I know appraisals are done a little different from sfmh. Looking for something where I can meet the seasoning period on the loan and hopefully pull some of that cash out asap and keep purchasing properties is this a good strategy? I know there's some places I could use that money and buy way better deals but va Beach is where I live and where I wanna get started although I will be careful because the market is extremely hot. Please any advice will help