Since neither your post nor your profile indicates where you are physically located, it would be nearly impossible for anyone to offer you helpful advice.As a new member, there are several things you can do to increase the likelihood of getting helpful responses here on the forum.

The documents I have here from auction.com indicate equity amount of 60K, 1st mortgage 100k.

As the subject title indicates, Is this an either or type of receptacle?

Would I need to indicate that I'm affiliated with KW?

Here's a nice guide to New Jersey Eviction Law.Your question indicates you have no experience.

I hope you get two more votes Frank then you will have double the votes to posts.. which indicates strong content on your side.the ones that get rich in wholesaling generally are the ones that charge 20 to 30k to teach you how.. its a very very tough gig.and its highly regional too.. in some areas it can work pretty good especially in low value asset areas that are underserved by the real estate community and the sellers are not at all sophisticated in the ways of real estate or they are BURNT out landlords. either way.. it takes a good chunk of money … some great sales skills and organizational skills and TIME.  

I was wondering If there is an app or a website that lists project dates that are going to happen in an area, such as big stores being built, malls, or anything else that would indicate growth in a neighbourhood.

@James Johner  First, I did not mean to indicate that you don't know what your doing.

Buying retail with no value add and renting in 2 years using the scenario you indicated would not be the smart plan.Good luck

flipped my first one as indicated above, bought a fixer upper and turned to a VRBO, bought 4 duplex. now closing on a 49 unit Self Storage unit with 4 storefronts.