Another option, since you're paying taxes and possibly maintenance on the lot, is to try to donate it to the city which may use it for recreation, parking, whatever.

I believe it was some guy in South Dakota.Sorry for the slow response, had to recreate my research...I believe it was through First Western Federal Savings Bank.http://www.firstwesternfederal.com/

Depending on your area cabins or camping might be a low cost start. if you get it designated as a tree farm there were some tax advantages in NY I don't know about RI.It .is a big recreational area in RI but it depends on what you are near.

Not trying to recreate the wheel here. 

When they move, they want to recreate Brooklyn hipster life as much as possible, so that means walkability and being able to do things without a car.  

That said, I am drawn to Anchorage for its setting - views of the Chugach, Sleeping Lady, the Alaska Range, Cook Inlet, Turnagain Arm, proximity to "the real Alaska", and recreational opportunities like Kincaid Park, Far North Bicentennial Park, and Chugach State Park - while having the amenities of a mid-size American city.

I mean who doesn't want to get started right away, but at least while the principal and interest keep compounding and can create and recreate a more solid foundation so that when I do start I have at least some kind of game plan for where I'd like to go.

Instead of recreating an already existing thread.

@J Scott, I Loved the blog post that you made about analyzing property, I was able to recreate almost everything perfectly except for the Equity Accrued value. 

We all speak in terms of housing here on BP, but there is retail, office, industrial and manufacturing, mining, agricultural, recreational, hospitality, utility, government and special use properties such as airports and harbors.