I personally like to buy in towns/neighborhoods in which no new builds are possible within 10 miles because all the land is developed.

@Chris Morris have ALWAYS seen bad "deals" from rookie wholesalers that really don't understand what they are doing to provide value to the industry.It's getting worse because the real estate market has recovered from the 2010 Crash, yet many are still using tactics & methods developed during this time.Everyone in the industry needs to go back and look at what was being done BEFORE 2010 and start using those methods, updating them with current technology.

If the project is in Canada then I would look to an attorney that understands international law as it could be more complex.Personally for something along the lines of what you are doing I would look to partner with another developer vs trying to raise the capital as that will be less labor intensive.

OK being a life long CA and selling and developing land here for 50 years..

There is so much growth here - population growth, job growth, and companies moving and developing here.

Plan is to develop and sell the homes.

I personally recommend checking Columbus OH - lots of job growth, population growth, and major companies moving and developing here.

Follow economic trends and determine which areas have the best opportunity for economic development and prosperity.At the end of the day, you're looking for investments with the highest returns. 

Hopefully it'll be lower, but that where's my urban developers in a few other markets are seeing their numbers come in.

Also, keeping an eye on zoning changes or upcoming developments can help you get ahead of the curve.Would love to hear more about your experiences too—what areas are you currently focusing on?