Night Before the Exam dot com is a good state study test if they have it for your state.To be clear though, the majority of what you learn in the class is not used by residential real estate agents in practice.

Thanks,Pat  yes we do this right now with single family and we build 3 family because it's the largest residential classification by our buidling codes in Columbus Ohio. currently working on about 5 projects at a time for out of state investors. reach out for any more info, call is easiest 

Even when wholesalers “kinda’ admit to the seller that they are going to “wholesale” the property, they still tend to mislead the seller by talking about “financing partners”, “equity positions”, “mentors” “membership” etc.So, various states have, under the banner of consumer protection, enacted legislation to restrict the use of the “wholesale” transaction in RESIDENTIAL OWNER OCCUPIED real estate - note, not commercial property and not residential when the transaction is between 2 investors. 

Long term it will be prime development land for residential and/or commercial, whether it is us to develop or sell to a developer.... we may subdivide and sell some of it in the short term, so we don't wish to erect structures or change zoning to make development harder down the road.   

Negotiated with a residential agent and purchased from a large capital group in the Des Moines, IA metro.

Residential Purchase Agreement (revised 12/15) states the following:26.

Texas residential real estate contracts went away from inspection contingencies many years ago.

Quote from @Russell R Massey: Atlanta.Referencing a small corner property, 45'x20', zoned Residential.

When you find out the present zoning of the property, the future land use and the local agencies comprehensive plan for how they see the area being developed (all can be done at the local planning office) you will have a much better idea of what you have just bought.If the land could in any way be developed into something more than single family residential lots, i.e. if there is any multi-family or commercial component than I would advise you to hire someone qualified to help you with the site planning of the development.

You mentioned that this a commercial property so I am hoping that you are using depreciation on this one, which could go for as long as 35 years with a commercial and 27 years on a residential.