Each project cost is around the 400k market without land cost.

Hows the market up there these days?

I wanted to see what markets have both a relatively high rent-to-price ratio and high appreciation.

Quote from @Scott Tennell: For real estate investors who have worked with private money lenders, what strategies have you found most effective in structuring deals to ensure both parties are protected and the funding process runs smoothly? 

Like any other wholesale market, I "buy" a loan from a lender at a discount and mark it up for my profit.

Private money may be better. 

having been around this bizz for decades now on the private lending side I will tell you many to most private lenders started in the mom and pop rental bizz tire of it and switch to be the bank.. and right now wih rates up there return would be quite handsome .. but you do need to use caution..

Myers Market Update Feb 2024 (biggerpockets.com)

A lot of different strategies work very well in the Cleveland market.

One week into 2025 and the US housing market is facing considerable new challenges.