Long story short, he ended up buying a worthless piece of land. 

I’m also open to hearing about any recent experiences or success stories you’ve had with off-market deals in these areas.Looking forward to your insights and advice!

The amount of ideologically inspired nonsense online is mind-boggling. 

I have no problem with wholesaling and do it on occasion myself but I hate hearing stories of elderly or clueless people being taken advantage of by some skeezy wholesalers.

All up, I don't think it really compares to the US market in this regard though....I'm thinking of the 'Success Story Spotlight' from today (May 4th), where someone bought a triplex with good rental returns for 14K!!

I'm in Milwaukee and I have heard of a lot of bad stories involving this type of scenario...mostly involving out of state investors. 

Quote from @Lolo Druff: I've heard horror stories about awful property management companies and am looking for a REFERRAL for a trusted source from an investor.

This is what active renters look at too which is why I believe it tells a better story of what rents are currently at compared to other sources. 

I My story is similar to yours I'm just a few years ahead of you.

Another friend who invests heavily in Phoenix shared a story about her first deal there..she jumped too quickly into a duplex without adding a little cushion for those first-year capital improvements.