I have done done of my own research and found that the numbers here make sense if you get it in the right location.

Thanks for the advice @Jim Wilcox  The small multi family is located in Covington, Kentucky. 

Driving for dollars... drive around the neighborhood and look for homes that are vacant and use skip tracing services to locate the owner.

In CA specific with the massive amount of population that has left LA and Bay AREA and has moved into these foothills locations that 50 years ago the population was a fraction.... 

Location How did you find this deal and how did you negotiate it?

Location and the challenge of a difficult renovation How did you find this deal and how did you negotiate it?

Location is that same as you mentioned.Margins are thin.

I already kindof know what I want to do to generate leads and find possible deals im just in a bit of an odd location situation.I am currently active duty Air Force stationed in Del Rio Texas, as I have been reading and absorbing information I have been planning on starting my REI career/hobby when I get back to my hometown of Melbourne Florida.

I heard somewhere (maybe a BP guest) that if you can find a new Starbucks locations, you can safely follow. 

Don't waste time going to banks, find a mortgage broker to locate you the best options.