Also, unlike some other beach destinations the Panhandle of Florida is accessible by car for many families which can be critical if they are traveling on a budget.

That's critical for me.- I looked at TenantCloud.com.  

Investing out of state is very difficult.Underwriting properties is critical, deals are right around you, you don’t need to go out of state to find them. 

Also be extremely critical and conservative of your numbers - Philadelphia is a great market and will most likely not have huge % decreases in rent and home values in the next 2 years as opposed to other markets. 

My questions as follows: 1) Any critical info you can think of which I have missed above? 

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

The main thing here is quality of product and proper pricing are critical for people trying to move quickly in this market. 

In general, I pay however these critical resources want to be paid. 

I'll likely have a more critical eye towards some things before I get under contract.We are dealing with a lot of older housing stock here in the NE so inspection is critical.

There are still opportunities to flip, but it is absolutely critical that you or someone on your team can run accurate and conservative comps.The importance of accurate comps can't be overstated in this stage of the market cycle.