Unless you create a new fruit, giving a new word for an apple doesn't change what an apple is.

My opinion is that everybody has to have a place to live, and I'll be happy to take some low hanging fruit that somebody else doesn't want assuming I get good tenants.

We're interested in all aspects of the market here and are committed long term to this market.So where is the most reliable sources for these kind of numbers, even in the raw?

So I am trying to get a tax delinquent list from a county in Washington in order to contact raw land owners behind on their property taxes to see if they'd be interested in selling. 

Although those are the main focuses, there is still room for wiggle as far as exactlly where I want to focus my energy (i.e. raw land for example) We don't do anything with multifamily apartment buildings.Now, that all being said, Im struggling to figure out exactlly where to begin sourcing leads.

Wholesaling raw land is very difficult

-Rent- $5600 ($1400x4)-Utilities: All tenants pay their own utilities (Gas, oil, heat...not water)-Water Bill: $650/Quarterly- Paid by owner (me)- $2600/yr-Taxes: $1700/Quarterly- $6800/yr-Home Insurance: $4307/year (This went up from initial calculation)-Flood insurance (needed): $2001/year-CapEX- 12% of rent @ $672/month ($8,064/yr)-Lawn care: $30/month-Electric- $15/month (verified)-Snow removal $50/month-Vacancy rate: $168/month (3%)-New roof 2013-New hot water heaters-New electrical-Mortgage info:-Purchase price: $755,000 -20% down: $151,000-30 year fixed @ 3.708% (**Current level)-Total mortgage payment (including taxes, ins, etc)= $4,193.67/Month-Total income from rent= $5,600-RAW Cash flow: $1,406.33/month-Calculated Cash Flow: $471.33-Cap Rate: 5.75% (using 12% CapEx)-  This Cap Rate may be a little high but its close.So, this would be an example of a multifamily one would look to buy?  

I was hoping for a more raw comparison of the two cities.

Kyle,I've closed a couple of raw land deals "in-house" (meaning without a title company or attorney).

But because I've been living with a roommate in my 990sqft ZZL, I'm pretty set on living in the 3br unit and enjoying the fruits of my labor :-P haha.What is your market like in Iowa, Steve?