There are some markets that you may be able to make a purchase with what you have available. 

I was wondering if anyone knew how I can connect with or market to investors who specifically purchase land/ lots? 

Purchase price: $150,000 Cash invested: $60,000 Rented it for $2195.

I see people purchasing new STR's here and others dumping their properties or converting into LTR's. 

Purchase price: $161,000 Renovating now What made you interested in investing in this type of deal?

I have met and spoke to several people that have joined Brads group and purchased and sold several deals because of it.

I look to achieve the 1% rule when purchasing although in the current market it’s not a guarantee of cash flow.

Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.

I purchased a PreREO deal from them about 4-5 months ago. 

Risk that you will short yourself by not maximizing your cost seg potentialThat said, when full-service cost seg is not economically sensible, DIY is a valid alternative