Cheap Land and Good Rental Demand

[Raman Bindlish]

All,

I am looking to understand the markets where the land is fairly cheap and rental demand is good. But maybe new development is not happening due to high cost / labor shortage or other reasons. Any pointers would help?

PS: When I say good rental demand, I mean B+ / A class neighborhoods with high demand. I am looking for an area where high end units will rent out fast. But there are just not enough rental units.

Thanks

Raman