After doing quite a bit of research, and finally deciding to jump in the real estate game, I have pulled the trigger and purchased two separate Duplex's in my home town area of Southern Georgia (I currently work and reside in North Carolina). 

Current project ready to start include:Chicago, Washington Heights/Beverly Chicago, Austin Area (North and West) Chicago, BronzevilleCalumet CityAlsipStickney Mokena / Orland ParkSouth Cook CountyOccasionally Will / Du Page CountyFeel free to contact me with any introductions, referrals or ideas.

I currently live in North Arizona but am planning a move to the Phoenix area this summer.

And this is the plan I've generated so far:I would like to focus on finding a duplex/ triplex/ 4-plex in Norfolk, preferably in close proximity to ODU (North or East of) or NSU.

I am hoping to network & connect with trusted wholesalers in North Jersey who have multi-families.

Unless your an investor in a large syndication or a REIT that owns several MHC's and can dollar cost average the bad ones from the good ones I'd proceed with caution.The photos below are a project I'm currently working on in Leucadia, Calif, a funky little North San Diego beach community.

I'm in North County San Diego so I think BRRR works for Oceanside, Vista, Escondido, and similar priced areas.

@Sam Choi @Tom Camarda I'm a local currently in Korea Town.  

For the flippers out there in north jersey, how do you find your properties?

@Lou Ruggieri,alternative thinking:-clean basement floor to perfection-waterproof membrane/ couple layers of exterior grade paint (encapsulate any asbestos dust)-exterior grade carpet : because you are up north/cold floors; if flooded, can be taken out, disinfected and hosed out, dried out, replace backalternative thinkhing2:-clean basement floor to perfection-waterproof membrane/ couple layers of exterior grade paint (encapsulate any asbestos dust)-treated 1x1 (as "ribs"/"joists")-lay exterior grade plywood/ost on top of it-floating floor on top of that: preferred here is Allure LVP from home depot, but many available from reputable manufacturers; probably floor needs to be rated for under grade/basementsortile everything and provide rugs + non-slip underpads