- Is this even possible and legal? 

You don't even need to pay for the leads.

Rent it out and get a Heloc on that property even though i don't live in the states?" 

I checked DR Horton is not even looking for an MBA.

Sell the place although it’s only been a year, hoping to at least break even. 

There are ways of getting started even if you have no track record.

Fractionalized loans are not legal in Oregon without a security document and blessed by corporate securities I learned the hard way on that one :( Having done HUNDREDS of fractionlized loans when i had my Company in Oregon I had no clue U could not do it in Oregon did not even think to check..

even when I come down to miami we can make the deals work through density and ground up development but when I speak to individual investors without a lot of experience in construction they end up building in columbus not miami because of this exact reason the price point of land is more conducive for a newer investor who even though they may have the cash wants to do something smaller

I lived in the Metro Detroit area from 2017-2022.If you want some resources, or even to chat, I'm happy to send some your way.

They even have a MLS keyword tool that scrapes MLS listings for motivated seller keywords.