Can I please pick your brains a little?

Here in OK, investment in general has really picked up, including an influx of cash end buyers.

Pick your poison. 

As @Jordan Moorhead said, once rates soften a bit, buyer demand is ready to pick back up. 

B) Hold the lots, pay the taxes each year and just sit tight to see where things go, hoping in a few years demand will pick back up and then either sell the lots or build. 

We just picked up a 8 unit in Fort Myers at the beginning of the year with value add opportunities.

Hi Ant,As MP mentioned.Hire good property management.You have a few solid options in town.If you manage yourself, you will save on fee's but IMO it's like tripping over dollars to pick up pennies.Investors should focus on the next deal and scaling their portfolio while not being bogged down with minutia.And there is a tonne of "minutia" when it comes to property management.Sure, you can manage 2-3 or 4 properties.Managing 10+ is a different story and a full time job almost.Wishing you much success

What realistically can be achieved if one starts lean and mean, with couple of thousands of dollars to invest in marketing and pick up as things move forward?  

In this business, the low hanging fruit has already been picked.

We haven't worked through the logistics of the grocery delivery, but we have talked about asking for their grocery list at least 48 hours in advance, doing a mobile order at the grocery to pick up, and adding a 10% up charge for us, since we're delivering it.