I'm not very familiar with these markets but I've found Columbus has great tenant quality on average, less property crime, and great appreciation potential.Any market can offer killer cash flow with those lower purchase prices, but in my experience, you're more likely to run into challenging tenant situations and higher maintenance costs that eat into those returns.

@William Burns we've managed thousands of S8 leases in our 24 years in business.The DHC has the most challenges, but it's NOT all their fault. 

As for STRs in Hawaii, it’s my understanding that the laws here are making it more challenging.

Challenges?

I'd also imagine there is likely a way to get the land "data center build ready" for lack of whatever the technical term is,  and then sell that if you didn't want to do the full build.   

Does the parcel have unique and challenging characteristics?

The challenge is, I’m not familiar with the local market—or the Mississippi market in general.Does anyone have insight into the market in this area or know of investors interested in properties in western Mississippi?

Wholesaling is one of the most challenging ways to start your carrier in real estate; over 90% fail within the first year. 

No one is going to pay more than 4-5k, and even then finding that tenant is very challenging.

but it will still be challenging.