Anastasia That’s a great deal for land, especially in residential areas.

When you say you want to prioritize cash flow over equity, you want to watch out for people honing in on that and selling you "good cash flow" deals which will be in D neighborhoods and will come with high capital expenditures and harder tenancies.

@Brady BitterI’ve used a SBLOC to fund many of my deals.

Since they are advertising, I assume that they only deal with accredited or sophisticated investors, as well.  

With 40-60K in equity you could explore selling to reinvest but it depends on what deals are out there compared to yours

This isn't totally necessary, but meeting property owners if you need to is a great way to win a deal

We also find that most flippers are working with contractors who are not quite large enough to get deals from distributors.

He bought a home for himself in Lodi California but work in the Bay Area long story short he can’t deal with the commute anymore and decide to stay with a buddy close to work.

We are starting the process of analyzing deals, making a plan and executing on it. 

Deals like this, with additional income potential (garages, ADU, etc.), could help you cash-flow while you build equity - best of both worlds.Lastly, targeting properties that have been on the market 30+ days could be a good start.