I grew up in Maine and aside from about 10 years for college/early career, I've lived here my entire life. 

It was 17 units, and the property was in pretty good condition for the area.

But with a "good deal"  and appropriate purchase price being relative to the conditions/price of the market comps across the board.

Additionally, finding the right investor focused RE agent will help you to analyze deals, keep you apprised of off market deals, and allows you to keep a pulse of the market conditions. 

FHA has restriction on the condition, termite, permit etc. 

I've lived here my whole life, am in investment properties every single day, and really know this area well.

It is important to stay alert and adjust to market conditions and take advantage of market opportunities!

Hello Everyone, i've been looking at doing some flips next year and i hope i could get some tips to the strategy i want to work with.I have been searching and networking with some contractors, after some conversation and also vetting them out with projects i have trickled them down to 3 who i believe are reliable.My plan is to buy a foreclosed house, fund the purchase and materials to bring the house to a livable condition.

They are allowed in DC and Montgomery County if the property meets certain conditions.

After looking at the property the house is really in not that bad of condition.