What I would say is first precisely define your strategy/criteria/goals before choosing a market.

Working with agent is of course not illegal, but wholesaling if done wrong can be illegal, there is a precise difference there.

He should return with a Scope Of Work that is detailed and precise.

Notes which may be helpfulHaving this list of questions can make the answers I get back precise, and efficient, so that the callers time is not wasted. 

Someone likely has (or had) the right to use that strip for ingress/egress... only way to know is to read the precise language. 

Actually, to be precise I borrowed 80K.

"As is" means precisely nothing in terms of obligation of the buyer; it is usually an attempt to signal the seller will not make changes, do repairs etc, but when faced with someone walking away from a purchase, they still have the choice to change their mind and do so.

What you need is a precise and firm Scope Of Work that details every thing expected during the project.

I personally am not aiming for any kind of precise split, but I do invest in the stock market in addition to RE.  

However, the 2-4 units in this neck of the woods are extremely hard to come by in good locations (from my experience).Sourcing the Deal: I am looking on FB marketplace/Craigslist inquiring to investors, investor agents, and wholesalers being open and honest about my situation and precisely what I am looking for.