I have been following Bigger Pockets for ~5 years, reading books, and following numerous forums.

He has done numerous commercial and residential real estate transactions, complex leases for me.

There really isn’t a lot of inventory right now, and you can expect a decent bidding war for any property you try to buy.

While I don’t believe in trying to time the market, my idea is that if the market crashes in the next 12 months, I can break my lease and buy a property at that time instead of competing in the current bidding wars going on in my area (Northern Virginia).

I know the Bridgeport area has some war zones and I was wonder if I could get some in sight on the areas to avoid and the areas to check out.

It's a multiple-offers-received scenario so it's sure to be a bidding war.

Current market- We are in MA where nothing is lasting more than a week, most places are going into bidding war. 

LOLI currently have a cash flowing property here in California, but the price points and wars here are making it a non-profitable business model for me.

Homes are selling higher than asking price because the listing agents intentionally listed under fair market value to start with to generate interest and induce bidding wars.

Any decently priced property in CT is being swarmed with offers and you should expect a bidding war.