One last thought, have you considered just selling to (or trying to partner with) a developer?

There is no way sellers are selling at caps that high unless there is a special circumstance, so buyers just aren't buying. 

Research local economic trends, rental demand, and any recent or upcoming developments in the area.

@Bri Hall I am A managing partner at a company that facilitates full-scale flipping, lending, development and portfolio acquisition amongst other things.

There are people that develop cabins.

Since then, we've analyzed at least 75 deals across multiple markets, developed our buy box, and choose a strategy that aligns with our goals.

You’ll need to submit an application to the Community Development Department, undergo inspections, and comply with tenant notification and eviction rules, including providing a 90-day purchase option and relocation assistance.

Do you have a developer/builder with experience that would partner with you? 

It will depend on the the circumstances, the loan type, and the entity type.

I saw that the population grew by 5% from 2020 and I haven't seen much development as far as new housing goes so what could be causing this uptick in time on market?