I'm probably part of the generation for new buyers coming, and some of us are internet savy on the differences in building materials (at least in my area). 

I did get an application from a couple that seemed very eager, loved the place, but my spidey sense went off about them and doing a bit of internet sleuthing, I found out half of the stuff on their application was a lie, their current “landlord” was really her sister who they were living with, etc… Dodged a bullet with that one.

If it was myself in your shoes I would really study the market there ...ask around, Internet search, talk to property managers etc. to find the best neighborhoods for both appreciation & cash flow.

You can also use the internet to target, maybe follow up with a phone call..it's no longer a cold call if they have your information.  

What is the best, and cheapest, site on the internet where I can download the forms I need to sell land by owner? 

You all know hot the world of wonderful internet is.

The market for non-internet using landlords has to be shrinking.Keep innovating.

All information below is from the internet per the seller's statements and income statement and rent toll.  

It all depends on the investors emotional relationship with leverage if leverage makes you stressed and the pain of leverage exceeds financial gain then sure you'll try to reduce leverage even if it makes financial sense to keep debt or add more.Nowadays with the advent of the internet, systems, full service property management companies, and technology bills/payments can be taken care near seamlessly with little of your intervention.

I have been active on the internet lately promoting some properties.I received an email asking if i needed use of funds and for what for from a direct internet connection.I responded with:Transactional funding use of funds for 24 hours or maybe up to 3 days maxRehab funding acquisition to disposition 6 months use maxLong term hold funding acquisition, rehab and paying back the loan with funding from tenant funding 10 years if acceptable.Odd things:1) Speaks broken English with complete American Name (Sounds Asian)2) Uses a google voice number3) Asks if i am married4) Calling me several times asking me the same questions that i had already answered.5) Gave terms but never said anything about approximate value of property that he would loan on ie 65% LTV 70% LTVTerms:10% down and 5% Interest from $50K to 1M send a copy of my license.