Instead of playing the google game and hoping for the best, I’m hoping to connect with some local investors to see if someone could get me in touch with a contractor that they’ve good experiences with.

Once you can achieve #2, it's nothing but a numbers game.

So i'm pretty new to the game and should be removing subjects on my first deal today.

There asking price is $154,900 and there is not much skin in the game, Zillow bought the home 3 months ago for $ 142,500.

A licensed attorney or CPA would be necessary to get real answers.Some concerns:The lender may not issue a loan to you if your skin in the game is coming from another party.The hard money loan would need to be non-recourse if the IRA is involved.The IRA may have exposure to tax on unrelated debt-financed income.The presence of the IRA in the deal could complicate the post-rehab refinance, which would need to be non-recourse if the IRA is still in the deal. 

I’m new to the real estate game and I’m looking for some tips or advice on how to find good deals on multi family homes in my area. 

@Karthik Ramachandran if you are the sponsor of a syndication and depending on how you setup your operating documents, you call the shots on the game plan and splits.My guess is you meant to say the majority of the cash flow instead of the "majority of NOI".If you are putting a deal together with investors, it only makes sense that your investors will also want a piece of the cash flow.If you are just getting started trying to take down larger deals, be prepared to give more of your deal away.

Right now the name of the game is cash flow.

@Bailey Kramer using direct mail to buy apartment deals does work.Check out this link Bought 200+ Unit Apartment Complex, Increased Value Over $4 MillIf you are looking to locate deals though, direct mail is a long game strategy.

Not bad.If the tenant buyer doesn't  or can't close you out, you either rinse and repeat with a new tenant / buyer (and a new option fee and a higher rent and a higher sale price) or you deed the house back to your original Seller and your profit is the option fee spread ($10,000 - $2,500) + monthly rent spread of $300 ($900 - $600) for 36 months = $18,300.You, meanwhile, have little to no skin in the game.