We present a study of nearby dwarf galaxies selected from the Arecibo Legacy Fast ALFA (ALFALFA) blind H i survey. A primary goal of the project was to utilize a nonstandard selection method with the hope of detecting previously unrecognized extremely metal-poor (XMP) galaxies. The study was motivated by the recent discovery of two XMP galaxies, Leo P and Leoncino, which were both originally found via the ALFALFA survey. We have obtained narrowband Hα images for 42 dwarf systems, many of which are located in the Local Void in front of the Pisces–Perseus Supercluster. Spectra for 11 of the best candidates resulted in the determination of metal abundances for 10 of the systems. None were found to be extremely metal-poor, although one system (AGC 123350) was found to have an oxygen abundance of log(O/H)+12 = 7.46, or ∼6% solar. One of the galaxies in our sample exhibits a high oxygen abundance for its luminosity, suggesting the possibility that it may have a tidal origin.