Im in need of some land ASAP.

Often, you can get a rough idea of the land height (topography) from an online GIS map of the area, or from another source for topographic information. 

The contract he proposed is to:purchase the house (20k above their purchase) for 75k.I put 10k into it to fix the roof and HVACHe puts what he estimated as 12k or so to rehabHe believes he can sell for 140k easily FSBO - or use flat rate MLS listingA recent comp nearby (only 1) shows a similar sized, but newer home, much less land, sold for 150k The house needs some new drywall, paint, unsure if tile is still OK, kitchen rehab, 2 bathrooms rehabbed, probably carpet in the roomsMy holding time is 90 days to sell apparently in order to qualify people for FHA loansIs this a good place to put limited supply of my money? 

I've never wholesale'd land before.

@Abraham Anderson, septic shouldn't be a concern if you have enough vacant land to replace a failed leach field.

At least it's new and you will attract a better tenant while sitting on that land..

Hello, I am a new investor and I am looking to purchase a small piece of land in Baltimore City.

I purchased the home in 2016 on land contract filing all the necessary paperwork thru a title company and putting down 20%.

Having said that, I was just involved in a $10M deal in Miami that is definitely cash flowing negative for a while but it is an assemblage of an amazing piece of land with amazing entitlements with multiple exits, all designed to negatively cash flow...my point is its all about the plan...hard and fast rules are usually wrong....what’s that saying “foolish cosistency is the hobgoblin of simple minds”

If your ultimate goal is to have the property under your LLC, you can maybe make the offer under a land trust that is assigned to you.