I'm new to Bigger Pockets and looking for some good videos to watch with my morning coffee.

Some suggestions on how to think about where you might look:I wanted something that was within a 2-hour flight/drive from NYC, so on the chance that I needed to go out there, I could do so and get there and back in a dayThink about areas where you have family/close friends that either have a base knowledge of that location and/or can provide a secondary reason for you to travel thereMake sure you pick a spot that has a diversity of industry, multiple universities nearby, and a compelling price-to-rent ratio (aka, low prices to purchase relative to the amount you can rent it out for)Cheers,Brian

Let's answer your questions first and then go through the analysis.Appraisal after renovations will depend entirely on nearby comps.

It looks like nearby locations are asking about $24/rentable sq ft /year.Any storage experts out there?

Currently own a coffee do and this will be my first investment property.

They'll come do a site survey and make sure that you have line of site to whatever repeater they have nearby. 

Mom and son will be living in the apartment and kids will be there on the weekend... son income alone does not qualify but his half brother who own restaurant nearby is willing to be on the lease..son works at the restaurant as well.. combined son and half brother income will qualify... should I be worried about that since half brother will not be living in the apartment and even though he will be on the lease?

Share examples of similar setups nearby (as this is indeed common among small multis)"Eat dirt" - you eat some dirt (or crow or what-have-you) and you have this installed. 

I liked living 5 minutes from ASU's campus as that meant good bars and restaurants were nearby.

Local meet up in Mooresville at Urban Coffee this Friday at 9am to talk some real estate and just out faces to names.