I did some investigating here at a local bank and I do not have enough equity in my rental home yet to be able to use it as collateral.

@Bart H.I am only now starting to investigate PM's. 

I found someone at the DMV investigations department that was very helpful.

To understand that you have to put in offers to see if $60K sticks in your market, or get quotes from contractors on properties your'e seriously investigating.

FYI: Areas I am investigating are between Sandy and downtown SLC and then east of 15.

My updated plan from the advice here on the thread:Connect with Tulsa area builders and agents that work with buyers who want to build to explore options on selling the lotDetermine if a 1031 exchange make sense to help fund the first propertyHave the first property be in San DiegoConnect with SD based BP folks and agents to explore SD optionsPurchase SD property that makes the most senseKeep investigating wholesaling feasibility to make more $Begin research on Miami property (STR rental laws, Airbnb alternatives, 6 month standard lease options for when I'm not there)Move on to NYC property research then VancouverBut focusing on #1 first - any other tips/tricks to selling lots you all like? 

Investigate how they are recognized in your state.

It may be worthwhile to personally investigate first.I've had a few "Turn it on." and "Change the battery." solutions to issues over the past 5 years. 

($3,300 on $460k = .71) Meaning, it's not an amazing deal, but it's a starting point worth investigating?

You want to investigate his track record and understand what he wants to do with that money.