But if costs are high or demand is uncertain, holding onto the land while monitoring the market might be the better play.

I have two long term rental units now (6 years) and just exited a short term rental last year due to a good off market offer.  

One unit is remodeled and empty and the other is not and has tenants paying way under fair market value ($700). 

This means having to take a chance and take the property off the market for 2 weeksOption 2- Accept the offer with a provision that allows you to continue to market the property, knowing that there's a chance FHA may not fund the deal. 

When considering pivot strategies like converting a flip to a rental or utilizing short-term rental (STR) platforms, it's essential to conduct a thorough market analysis before making such changes.

In the future I would like to run Facebook and instagram ads in a market that guest from.

Fort Worth is a great market to get started REI.

You were not afforded a reasonable (in most states, 30 days) amount of notice to re-market your property. 

I own one rental house in Cypress, but with the current market I have not been able to find another existing single family home to buy that looks like a good investment. 

our market is in Columbus Ohio and we are currently doing infill as a strategy. single family home by right can be built on any infill lot in columbus but for multifamily this strategy becomes part of entitlements and rezoning.