Time to add some other methods for long term gains... 

I think i like the idea of the BRRRR method best but i can be fluid with how things happen.  

There are different methods for making returns in these markets, but it is way harder and riskier IMO for a new out of state investor.

Everything on the MLS and wholeseller sites seem to be priced high and I was wondering how do some of you veterans out there tackle this issue?

I did not practice this method.

It is not nearly as passive as some may believe or make it out to be, though some methods are certainly more passive than others.

@Brian Garrett - This is the second post I've come across of yours around using the BRRRR method and commercial loans.

You can also use replacement cost method, agreed-upon valuations, and comparable land sales (and these methods may allow you to allocate more to building), but whatever you use has to be "reasonable" (vague, I know).

I'm always reviewing creative financing methods but I'll pass. 

This does a similar thing as the method above but will likely not look as slick and you will have a bit more work to do at the edges.