Cash flowing in the type of market we have is extremely difficult, especially with such a small down payment. 

Otherwise your financing will be difficult.  

They differ from less than $100k to north of $200k With ARVs in the $100k to $200k range finding lenders to do cash out refinances should not be difficult at all.

I want to rent it out instead of allowing it to sit vacant, but the other owners are hesitant to rent because of fears of dealing with potentially difficult tenants.

Further, may be difficult to compel the tenant to comply with your wishes if you are currently in a MTM situation with them. 

However, if it's truly one of those communities that has very high crime and difficult to attract any descent tenants, it can lead to disaster.

I suspect this will be very difficult to accomplish for an investment use case.

It’s about 4 hours away from me and had become quite difficult to manage being so far away. 

Most of the big land wholesalers whole-tale the deals, meaning they actually buy/close on the land (using their own money or other people's money) and then list on the MLS to sell, because it is very difficult to find buyers without widely marketing it. 

Some solar companies offer one free removal/replacement, but if the company goes out of business or is aquired, this will be difficult to use.