You want to focus on areas where you have a competitive advantage (you have lived there or you have family and friends there) and then compare those areas against widespread list of great areas to invest.Good luck!

I live in the area and just gave up looking for now. 

I have 1 partner who provides up to 75% of the down payment, however, my goal has always been to live below my means, save money, and invest the saved money as a downpayment. 

My name is Montse, I’m originally from Spain, and I currently live in the Netherlands.

That Profit number needs to be above our minimum threshold (which is large enough to handle any rehab oh $hits).I live in Phoenix but invest out of state.

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

P.S; We live in Wilmington NC so both markets would be "long distance" P.S.P.S there are no reasonably priced multi family properties local to us.

In Florida where I live that amount is the first $50,000 for a married couple are exempt.So to put all that into action, let's say the previous owner paid $100,000 for the property 20 years ago and lived in the property.  

I live in jersey but bought my property in Pennsylvania because jersey and NY are extremely expensive.  

People have no choice but to move to cities where they can live and work immediately.