I focus on SE CT and recommend the meet-up that @Mat O'Grady hosts.

Others will mention laundry mats, or self storage.  

Doing some RE consulting for a client involved in a value-added industrial investment in Miss.Utility company quoting 65% markup on materials (25% for E&S, 20% for Minor Mat, 20% for Material Handling).Have never seen such a high markup even in unregulated private industry and generally utilities are highly regulated.I am thinking even IRS may have some regulation on how much maximum mark up on materical can be.Please help with your knowledge.

Silly things like no water heater straps, broken windows, missing fire alarms need to be addressed.  

@Mat O'Grady is the host and can get you on the invite. 

Mat

Build a network of investors along the way, or market it on craigslist and the investors will find you.There are other ways I've seen suggested on these forums... laundry mats, self-storage... but I don't have any expertise on those, so will let other chime in as they may.  

Put down cash as a down payment and finance the rest so that you aren't totally strapped for cash when you go to do renovations on the property.

A lot of investors now are taking the sale and starting the exchange thinking that the next 60-90 days inventory will start to open up of strapped landlords may become more flexible. 

Right now it is destroyed and I plan to take self leveler to resurface it, then throw horse stall mats overtop to absorb some of the shock and sound.