I would certainly start by talking to lenders, since $90k does not go very far in many markets, especially if you need to both buy a house and rehab on that budget.  

The market is surprisingly high here for such a small place, but i think its because the town in growing and has a very good school system.

In today's market, what innovative strategies are you using to maximize ROI on properties that might traditionally be considered high-risk or low-yield?

I'd say first, figure out what kind of investing you're into and make sure that the market you choose supports it. 

@Reitta Seidel, yes.Maybe sharing some of your thoughts that made you post this question will yield more valuable feedback.In my market, single family homes sell all year round.  

If you're priced out of your current market, I would definitely look into other markets where you can find great macroeconomics, positive cash flow, and amazing appreciation potential.

We're reaching out to other professionals who have done some investing in Alabama or who are very familiar with the market, (i.e. which are the more favorable counties in which to invest?) 

There is definitely more options for investing opportunities on the open market than on the land bank. 

When was your last flip and what is the market like recently? 

Anyone have any thoughts on Alabama as a potential market?