The other option, how I found BRRRR and learned some basics of it, was the Bigger Pockets book.

What kind of ROI i should look at, considering project completion will be 3 years roughly?

If this is something you are interested in, let me know and I will send you our projects. 

You definitely need to have your ducks in a row using a HML to get the project done quickly, on schedule and on budget.

The demand for quality housing continues to grow as we are seeing a surge in population growth and its projected to continue.

I think you should go through with this project.

When it comes to experience I have facilitated my fair share of successful projects, however the point still remains that I did not complete those deals completely independently.

Off market deals usually have nonrefundable deposits and a clunkier process that isn't as suited for out of state people until they have good contacts in the area to evaluate the property (mostly contractors that feel comfortable evaluating projects for you).

So basically wholesaling is really not the wave to go because it's nearly getting banned and there are ppl in the industry who try to **** you up because I have know clue what I'm doing?

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it.