I think if you're in it for the money, location in a decent sized metro with a lot of transient work force would be key.

The key though is to find the right product type in any area you're considering as there are always good, better and best products in every market.   

Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business. Properly structuring your bank accounts ensures that every dollar in y...

I would add to the "sales" portion of the advice above that timing is key.  

@Eric Jones - Amazing job being patient, I'd have given up after 3 tries.  

If the turnkey company gives us an idea what the property is worth, our verification doesn't go back to the turn-key to question about the value, no we instead turn to third party i.e. independent re searches that verify the value - and same with all other information given to us by turnkey companies, realtors, sellers or whomever your are interreacting with."

Stay patient, work hard, never stop learning and focus on helping other people.

I am patient, diligent, persistent, driven, a fast learner and adaptive.

Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in  CO FLA WA ID MT NV AZ OR TX SC GA VA  one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..

If you're willing to be more active, purchase a property or two in an area you personally know well and have key contacts (handypeople, contractor, lender, etc.).