So it's two different approaches, two different results.

He is not under contract and being a SCN I'm not sure how to valuate land to determine a reasonable offer.What approach would a seasoned investor take to valuate a plot of land?

If you are able to use passive income to pay down the properties and still have enough to acquire the properties necessary to reach your goal, this is the approach I would personally take. 

I’ve read quite a bit about the demographic challenges that parts of the Maritimes face so I wouldn’t expect significant price appreciation in the foreseeable future, but I’ve always focused more on the cash flow and viewed any appreciation as a bonus.

Sorry this is months late however I'm jumping back on track now after months of learning ,working to pay my bills & exhausted burnt out Life Challenges! 

Wanted to get others feedback on investing out of state, or just general guidance on how I should approach my strategy.

If you do the latter approach, there shouldn't be any upfront costs and you won't have to pay for ongoing maintenance.

There are always surprises and new challenges to deal with, which is why I love it!

Wanted to get others feedback on investing out of state, or just general guidance on how I should approach my strategy.

@Megan Phillips I went thro hi this same challenge a few properties ago.