The market I’m interested in are residential rental and leasing, senior housing, and distressed properties/owners. 

Keep us posted on your progress.

As we have all seen, Californians are leaving in droves over the past couple of years, and fleeing to Florida, Texas and yep...Arizona.As long as we continue to stay under LAs housing market for affordability, we are going to continue to net those homeowners wanting an upgrade to a bigger house or lot. 

Started the process on 1 house in Cape Coral Nov. of 2021. 

Are you leaning toward a specific strategy like buy-and-holds, flips, or house hacking?

Then, if you can trend over time you'll want to see where the "path of progress" is going/moving and attempt to buy in that path of progress to gain some appreciation in the future.

The neat thing with TDR is that, after you've sold off the residential development rights, you still own the land and get to use it in all the same ways as before, except that you can no longer build houses on it.

2 years to build a house is crazy.

I buy houses in the Memphis market.Terry Clothier REI Nation

I would suggest making sure that you are following a set format/style of house each time you flip to systemize it more2.