Thinking $150-300k properties based on what I've seen so far. 

ALL Foreclosure MUST be posted in the county legal newspaper for a certain number of days based on the State. 

@Karthik Jayaraman Based on your math, it looks like you're losing $915 each month, which can be a significant amount for many.

I think (emphasis on think) I have found a deal for me but here is my situation: I am a recent college grad with no 2 year income (just yet) and I came across this property inHamilton, NJ, in which i need between 100k - 144k after all costs (rehab, closing, 20% down payment) I do not have this money as a 22 year old, so I naturally wanted to get an FHA loan but the problem is, its a quadplex that has all units occupied, so i cant really live here because there would be no space, unless there is a way around this.

The question is, how do people find these connections if it’s an area outside of their original home base?

A DSCR loan (Debt Service Coverage Ratio) type loan would look at the rental income and expenses and determine the amount it could lend based on that.

We are based in NY, but we do have clients throughout the country.

I thought I was going to own a few dozen single family properties before moving on to multi but after 3 I bought a 14 unit and have never looked back going bigger and bigger on every deal. if im not mistaken everything is already baked into that 775k except closing costs. and construction should take 6months tops. land is included (1acre) but if i had my own land builder said they'd take 65k off the price so 710k. yeah im just thinking whats best way to move forward. my first deal doesnt need to be perfect just want to build a nice base to build from

Best to consult your CPA for the most relevant advice based on your state's regulations and tax implications.

I will not have to avoid many areas but a few based on crime.