@Akshay Bhaskaran, off market deals, by nature are not marketed, so as others noted you have to work to find them.  

Due to inflation and the drastic increases in material, labor, and supplies, that's naturally caused carriers to rethink limits/values on file. 

The property is off grid, but already set up with solar and a compost toilet and things of that nature.

The seller seeing the interest in their land, naturally did not want to budge on the price.

I'm just not seeing any strategy that can offset to any significant degree, the depreciating nature of either asset.  

Additionally, I understand the risks associated with obtaining hard cash and working with hard money lenders, including higher interest rates due to the short term nature of the loan as well as the risk involved.

Quote from @Michell Chase Chase: I registered my LLC in Wyoming and was not told anything to that nature..but my investment property is in NY so I also have to register my WY LLC as a foreign entity LLC in NY as I will be generating income in that state...

It has solar power, a compost toilet, and other things of that nature to be self-sustaining.

If there is any kind of damage to the house because of a natural cause if you approach the insurance company without a landlord's insurance they will outright deny your claim.If you have a mortgage the bank will insist that you have landlord insuranceTenant has renter's insurance.

@Arron Paulino Your posts illustrate the challenges of exiting SFH's in markets where the natural buyer is another investor and not home owner.