basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

What was your process to lock in on that market? 

I suspect it's due to the change in the housing market and economy.  

One possibility is building a duplex in Peoria, while it's not the best rental market, getting a duplex at a possibly much cheaper price than market value is extremely appealing.

When you are ready and want to learn more about the Mid-South/Mid-west markets that we are in I would love to share more details with you on a call.

But the above statement is easily used generically for any market. 

Most STR markets have seasonality, and there are untold issues in the future that will effect cashflow. 

But Bitcoin has zero intrinsic value and there are many new digital currencies coming on the market.

Quote from @John Hu: First, look for market inefficiencies.

Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.