Do both - go to the meetups and REIAs and find out what the buying level is (some buy at 70% ARV, some go even higher, some need to be at 60 or 65%), learn a target market (perhaps the zip code you live in) and start marketing to it.  

If your house is SAFE and up to code, you should be fine.  

I will add this, the city code enforcers required that I either use a licensed contractor, which would have been significantly more, or get my home improvement registration.

I'd use the network option and filter by your zip code.

I will do some more analyzing as we go forward and really do some looking into those area codes.

Self-managing it from Seattle might be problematic depending on how lucky you get.Car insurance rates are particularly high in 98418 due to all of the above.The sex offenders residing in that zip code are extremely high as well.

@Russell Brazil is correct regarding losing the Section 121 capital gain exclusion by transferring to an LLCI do not agree with the other post that most LLCs can be pieced - it is very difficult and expensive to prove, in court, that an entity is the "alter-ego" of the individual owner.  

This is how tax attorneys utilize the tax code for their clients and then defend the position with law and facts.  

I've been talking to a couple of people I was told Brewerytown, zip codes 19145 and 19148.

Other items that will greatly change your quote is the zip code you are buying in.