This is where I would focus, as these are the same attributes that attracted those responsible for the larger projects like the Bellweather District you mentioned in your initial post.With your budget I would recommend NW Philadelphia (Germantown and Mount Airy in particular).

Congratulations to your continued success.That said we would like some guidance on crafting a contract where we would partner with contractor to go in on a flip together. 

Who cares where the rent is coming from?

I would give them a list of what you’re looking for/at ahead of time and obviously not linger in areas where this couldn’t be a concern.

I would love to hear any suggestions about where I should look to live in the area. 

With that said, I am in the position where I will not need a monthly income from my rentals.

If you know where to look and have the right time, you can find properties that cash flow.

Where are you, Davis?

(Where Footloose was filmed!). 

Quote from @Paul Zofsak: Not sure where this should go so I'm putting it here.