Property on 2.2 acres is it a deal

[Steve Yoo]

I met a motivated seller. He is selling his home which is on large property. recently sold homes property's land is little under an acre. Recently homes sold are 190k-210k. Seller willing to take 110k home needs about 40k in renovation. I'm thinking of wholesaling it instead of a rehab flip. Any input would help. Thx