If it's a desirable location, after repairs, you may have a deal.

But Patrice B is right in the fact that there are many factors going into an assessment of value like # of bedrooms, baths, sq ft, condition, age, location, etc.

@Ryland Taniguchi is leading this workshop and it is targeted to answer audience questions about wholesaling, rehabbing, Self Directed IRA and Solo 401K and all other questions as well as analysis of deals).http://www.meetup.com/PacificNWRealEstate/ - Meetings are held about 3 times a month in different locations: Kirkland, Seattle and Lakewood.

(still shopping) 150K Private Lender(s) - 4.5% Interest Only120 Cash from UsThis consists of 5 properties/12 units, all very well maintained units in great locations less than 20 years old.We are doing this primarily for long term wealth building over cash flow, at least until about 10 years from now (retirement time).

I was wondering if anyone could give me any tips on locating properties (multi-family, apartment, etc.). 

@Paul HuenefeldHi Paul,I am also located in the Central AR area.

I was wondering if anyone could give me any tips on locating properties or wholesalers.

Locate a Motivated Seller that will consider Seller Financing.

Perhaps you could get a better system in place for locating tenants.

Yes you can but you will need someone in the area where the property is located to look after your interests.