If you were in my shoes, how would you handle this situation? 

., Everett, Revere, Chelsea, Dorchester, other B/C neighborhoods, out of state) and rent in my desired areaIf you were in my shoes, what might you do (aside from compromising on my desired location and house hacking a MF in a B/C neighborhood)?

., Everett, Revere, Chelsea, Dorchester, other B/C neighborhoods, out of state) and rent in my desired areaIf you were in my shoes, what might you do (aside from compromising on my desired location and house hacking a MF in a B/C neighborhood)?

Think about how you’d feel in their shoes.

If I were in your shoes I would open an LLC with each of you as half owner.

The only other financing option I would consider in your shoes would be a capital partner for future deals.

I'm looking to buy houses with a big enough profit margin to make it worth while, currently i have about 95k liquid and 45-50k in assets and would love to know anyone's thoughts if they were in my area and in my shoes.   1.What areas to stay away from and why in LI,NYC,NJ. 2.What a basic flip costs using meaning lets say a full rehab or at least getting a close enough ball park figure to make a close to correct offer. 3.What an appropriate price per sq foot would be in the middle class areas of NJ,NY,Li. 4.

Definitely start networking at meetups (@Mark Ainley has a list on his website of all the local meetups) and surround yourself with people who are already doing it/ in your shoes. 

Hey Kallie - My wife and I were/are in your shoes.

If I were in your shoes I'd be looking at DSTs or syndications.