There are slight Regional variations in labor prices, but it's not as large a discrepancy as people think.

How Ford’s BlueOval City Project Impacts Real Estate: A Setback and Opportunity for InvestorsFord’s massive BlueOval City project, a planned $5.6 billion electric vehicle (EV) manufacturing campus in Stanton, Tennessee, is a game-changer for the region.

However, this is a conservative regional bank, that is on the NASDAQ, so maybe that’s the issue?

The only other good lenders I've seen are credit unions and regional/local banks.

It takes a lot of phone calls and asking around, but you can normally find a local or regional bank that is willing to work with investors on these types of properties.Mike

Most land buyers who are developers usually stick to a very predefined region within their local market and they hunt and wait for killer deals and market swings to get the land they want for the very specific purpose they want.

Regionality and competition greatly factors into the cost structure.

A shopping mecca five times bigger than Lakeline Mall, a 21st century mega-factory, an ever-growing Apple campus and a somewhat secret but sizable spot occupied by Tesla.With a population increase from 2020 to 2023 of 14.5%, Williamson County is clocking more new residents than all other counties in this fast-growing region.

You could also look into regional banks or credit unions with experience in real estate development for middle-ground options.If I were you, I’d spend some time shopping around for the best rate/terms.

If multiple states you will want a regional or countrywide lender.  3.