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

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.

@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.  

While this would improve the cashflow and cap rate for resale, I'm wondering if it would shrink my market of buyers, since they could no longer use conventional financing as it would no longer conform to a 2-4 unit building.

Anyone have any thoughts on Alabama as a potential market? 

We are seeking guidance on a few key things about the market. 1) We've done a lot of research on the area and have been scouring MLS having trouble finding opportunities that will cash flow (the golden question, we know).

Also what type of markets have seemed to support this model best?

What should first-time investors be aware of when considering these types of loans, and what tips would you share for navigating the process successfully?"

Keep in mine Toledo is the #1 market in Ohio (and nationwide) not Cleveland or Columbus. https://www.realtor.com/research/top-housing-markets-2024/ What is BRRR?

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