It might be overpriced or might be correctly priced but is not generally desirable because of the work involved. 

Are there other creative options I haven’t considered?

And there is also a hope component involved.

.: Quote from @Stepan Hedz: Phoenix, AZ, offers a young myriad of options for real estate investors, particularly in the distressed sectors.

Showdigs is another great option for landlords in your situation.

Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project. 

From time to time, I will see brokers list in the private remarks - "The property can't close until X date unless the buyer wants to pay for early issue title insurance. " This may be an option for you but TIME IS MONEY and why lose potential buyers or offers by creating roadblocks to your flip project.

I was involved in two small infill developments in Michigan (about 15 houses in total) so two very small parcels. 

The founder appears to have been involved in businesses outside of real estate: ‘My dream is a locally made grooming products business’ | People | nashvillepost.comSo it does not appear there is a lot of track record there, but those are questions I would ask.

My point is this, I am actively involved/advising this investor, providing local vendors contacts (handyperson, surveyor, painters, etc) and I "don't wait for them to call me", I call them weekly.