Add any repairs and it gets worse.I think there may be lower hanging fruit.

Dealing with raw land can be quite complex.

I explained to several of these buyers that you shouldn’t just focus on the low-hanging fruit.

Both junky ones (your raw materials) and fixed up ones (your competition).  

Would you say that it would be better to get into the raw land development, commercial, or residential side of real estate investing when it comes to the areas aforementioned?

While I grew up in the land of milk and honey(Tampa, FL) where property is cheap and there is cash flow, I now live in LA, the land of Almond milk and Organic raw Manuka honey, where everything is a fortune.I got licensed in Florida because I found a need for people out here with some money to invest out of state since they have read Rich Dad, Poor Dad and subscribe to BP instead of competing with established LA agents.My question is this...Since most people would be too intimidated to invest out of state, how can I show these clients that it is not only doable, but profitable and worth it?

I must say that the mastermind group has been very fruitful.

I did sign up for his marketing program which was not fruitful and a "burn out" class which did have some useful info.

I am not using hard money calculator as I type these numbers, they are very raw estimates, but the point is  you can make money on low cost property flips IF you buy at good price and IF comps are high enough (purchase at or below 70% of ARV minus rehab costs).

And, some assessors use past sales amounts and adjust for inflation, so if the property has not been held very long by the current owner, the current assessment might be close to the market value again.It's better to think of the two like apples and oranges, because usually that's how close they are...both fruits from a tree but with much different tastes.The question asked by the Realtor above in OP, may be born out of the lack of knowledge of that Realtor.