Otherwise, you may become emotionally attached and end up paying too much.Also, no closing costs? 

I would love to have all of the utilities in my tenants names, but if a tenant is delinquent with the payment of their water or gas bill, the liens are attached to the property and not the tenant.

And I'm not attached to it for my the time I've spent, which really hasn't been that much,  would just check in every other month or so while analyzing other properties.

Those will always take longer to sell because of the stigma attached.

I’ll look at the attached link. 

I am looking to relocate to the Panama City Beach area and am studying to obtain my FL real estate license.   I am an investor and am not afraid of fix and flips.  I would like to find 1-4 multifamily or single family...

Is it worth it for "free" land and what kind of document showing I'm attached to this property could I get?

In your case $ 1.125,00The great thing about  calculators is that they’re blind to local markets, our attachments, emotions or bias.Generally you need to experiment on which wheels you need to turn (price, debt service, down payment, terms, etc.) to make the deal work.

I attach each specific invoice to a specific property.

That is less than a quote I got on residential construction.I have no problem sticking with residential rehabs if that's the best ROI, but if I could do a condo conversion, etc. that would be cool, too.Just as an example, I've attached a picture of a building I watched being constructed from ground up over the last couple years.