Purchase price: $110,000 Cash invested: $110,000 Sale price: $370,000Negotiated and bought an unfinished home.

In terms of ROI- the stock market averages around 10%- with possibility for significantly higher returns in the future due to multiple new technology developing that will increase productivity (look what's happening with the NASDAQ recently). 

Know your market - both sales and rental.

I believe it benefits the seller more because they have a "guaranteed" sale.

You can't legally do anything until the sale closes, but you may get permission from the Seller to introduce yourself to the property manager and tenants.

Or there aren't any multi family properties for sale in my area?

I am currently trying to understand how people with 40 hour/week jobs efficiently go from building a list to getting a motivated seller on the phone to an appointment and signing a contract I currently have more money than time and I would like to outsource all steps of wholesaling besides the sales portion.  

I've seen land for sale on Zillow for months but assuming that is just the cost for the land itself and not making any of it livable etc.

Purchase price: $300,000 Cash invested: $200,000 Sale price: $350,000 Prices on these units range from $350 000 to $750 000. they are newly built, and we will be involving either the investors or people that will own these properties to be part of the design process as this is one of the items behind my ideas.

I also had a green tag on the garage permit and thought that the certificate of occupancy was for the entire project. at which point I put the home for sale, only to learn that the permit for the garage portion did not have a final stamp of approval when contacting the building department, I was told by the manager he would not allow an inspection on the garage permit that I had not completed the variance process and would need to revisit the entire process in order to receive a final inspection on the garage permit . there is a lot more to the story than I would like to put here but I feel I am being wronged by the manager of the building department for some reason unknown to me.