I had a bright idea of selling the land.I recycled the same Contract Of Sale letter that the previous owner gave my dad and sold the land on payments for $22, 500 at 10% interest with nothing down. 

That is a good way to build your portfolio, but I would be cautious at this phase in the RE cycle.

It seems like a good way to recycle funds using leverage to grow a larger portfolio.I saw a few older threads about the Colony American LOC but nothing recent.  

Long term average appreciation, over long hold periods spanning multiple RE cycles is much, much easier to predict in some markets, not that you will necessarily know WHEN the appreciation will occur, only that you can get a good idea of what it will be on average over long hold periods in certain markets.

Read about BRRRR, so you can keep recycling your money. 

Make sure the product is virgin vinyl and not recycled content as there are pitfalls too numerous to mention regarding such products.

Negative initial cash flow, but increasing over time.The above are generalizations and do not apply to every single property at every single point in the RE cycle, but it is a mental framework to understand some of the dynamics at play with pricing premiums in different markets.

“I am just going to recycle them.

Same question for that, should I just take it to the recycle yard or is there a market for that.Doing this work in Bloomington, Illinois.  

IMO, until you have lived through an entire RE cycle as an investor, both the boom and bust part of the cycle, you are a newbie.