I haven't done this before so wasn't sure on process, but just picked up from the multiple podcasts that investment properties need their own LLC.

I am excited, nervous, determined and frustrated all the time with trying to learn this game.  

I know a good baseline in determining your MAO is by using the formula MAO = (ARV x Investor Discount) - Repairs -Closing Cost - Assignment Fee.

Things like that are big in determining if it's a nice area or not.

I was hoping I could pick the brain of anyone who would be willing to provide me with information on the top areas in Bucks County that contain the densest population of multi-family properties. 

Bottom line is that I think that it is important to define what you are looking for, determine your own strengths and have all your ducks in a row thinking before you start throwing out numbers in the millions.

Rentometer actually allows you to pick the type of property, then gives you an estimate based on similar properties in the area.

If you just pick any one of “hot areas” and get started and focus in on that one area or a specific Zip code, you should see results.... unless that area is just too saturated with direct mail...... or pick a few areas and just be really specific with your list......... if you can get a property under contract for 70% of ARV minus repairs you’ll have a deal 

I know that time can’t actually be measured and determined, but what can I do to ensure I am making smart moves?

There are cheaper properties in the $300K range, but they are in rundown drug-infested areas.The calc I ran for this one was taking into account current rents, which we researched and determined to be a bit low.