I drove around today and narrowed down some low rises. 

Low taxesMost of the houses are being renovated / elevated (from Hurricane Sandy.) = low flood insurance2 minutes away from the booming Long BeachThoughts?

Hopefully they can be as competitive on rates and low closing costs like the regional has treated me. 

You have property taxes of 2000  and insurance of 276/yr (which seems low).

.- no fee/ low fee realtor brokerage (commfree, 1% realty etc.) - actually they charge more than what it shows in the ad.- direct marketing through kijiji, facebook, reach out to my real estate investor friends for direct sale or another rent to own - this is what I am doing now.- 1% fee realtor website (bodecanada) - this is pretty new and I start to put my property there- rent out to tenants - this is what I am doing nowMy property is half duplex with illegal walk out basement suite so I rent out upstairs for $1200 and basement for $700.

All low.

The main thing I have going for me here in particular is that I may be able to get into this for very low money down making the CoC return decent.

I'm from Massachusetts, and I'm specifically interested in land flipping, at least to start - the low barrier to entry, the simplicity (vs rentals), and ability to do it while working a full time job and being a dad makes it appealing to me. 

Your tenant is affected and can't pay the rent, and you can't find anyone else to rent the place(s) unless you decrease the rent so low that it's taking money out of your pocket in order to not foreclose. 

Using every tool in Your Arsenal to purchase with low or no money down is fantastic especially when you've got the opportunity to use a VA loan