Like Dwayne mentioned, a FAR/BAR vacant land contract will likely be sufficient. 

Ok gotcha, if I were you I would look at rental comps online to get a range.

You just need to hire sufficient help to retake possession, e.g. movers, locksmith, etc.Good luck.

If you want to invest passively in RE and don't want to invest locally (and/or may not have sufficient funds) then you should look into REITs.

And yes, many lenders can't do loan amounts at those price range, but there are still options out there. 

For my price range and guests we attract sports provided by me is a must. 

Also the bigger pockets glossary says they're usually 2-6% of the purchase price and this estimate is at the top end of that range.

I come across many different types of investors with varying ranges of criteria.

The metro area population of Montgomery in 2022 was 367,000, a 1.94% increase from 2021.In a number crunch of 300 cities using 10 metrics ranging from home prices to tax rates to vacancy levels, WalletHub determined that Montgomery, Alabama, was the nation’s most affordable city for homebuyers.

Michael Blank sells a course for $1997 that looks sufficient for getting your first deal done.