I wouldn't necessarily put a lot of efforts into improving/building/spending in hopes of staying booked solid, but it is a nice 'side hustle' for a pretty piece of land to bring in some extra income while it sits. 

If you search agents in that area on Zillow, there is a box they can check about working with investors and that will come up in the search.

What is your skillset or time availability, what is your network currently like and do you need to improve that?

There's nothing left to cover expenses so you better have deep pockets to cover maintenance, admin, turns, etc.If you think you can quickly improve rents to a point that covers your expenses and pads your pocket a bit, then maybe, IF it hits your return threshold.If you're buying cash, then the mortgage is not a factor. 

You can also find real estate investing groups through meetup.com, Facebook, or a Google search.

How to find a quality PMStart by going to www.narpm.org to search their directory of managers.

But I agree with an above poster that $10 psf in tenant improvement seems low, unless you can find a turn-key tenant to occupy that will require very little renovation.In DFW, for 2nd generation spaces, I've seen LLs underwrite at about $25-35 psf in expected TI allowance (subject to the lease terms and tenant credit rating).  

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

For subdivisions, a civil engineer can help create plats and an improvement plan showing how utilities will be implemented.

I am having a hard time finding information about this topic and wondering if it’s worth the deep search.