So far, so good.  

@Angelica CristiIt has been a year or 2 since I last purchased on Auction.com so things could have changed.  

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.  

So my area has sub 6% cap rates.

I don’t think so, but I’m interested in seeing the evidence if you can produce any. 

So guess which route I started with? 

@Jacob Flaxman, I am not familiar with this market, so take what I have to say as more of a general comment.My first thought is $250k to build a two story, two bed "house" will cost more than $250k. 

So 1 sq ft = $1/month. 

So my question is this, how do I find seller financed deals?