They know what materials are available, what physical forms most efficiently accomplish the goals, how ordinances are setup and how they interplay to maximize the project goals. 

And by getting a triplex  or bigger it will ensure that you have positive cash flow.  

Make sure everyone you know now knows you're 'in the biz'.. ensure your social media profiles are up-to-date... be active in the community, etc. 

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

Recently looked at a strip motel/efficiency.

Can anyone who is actually or currently investing in rural (raw and unimproved) land possibly tell me how or what is the most efficient way to locate tax delinquent property owners of rural land other than going to the municipalities themselves? 

I want to do what’s most efficient and cost effective for the long haul since this is strictly a buy and hold property.

Ensure you get a signed statement from the existing contractor that his payments have been honored so that if he decides to put a mechanics lien on your property out of spite you have proof its been dissolved.

With well & septic, you have to be extremely careful and diligent to ensure tenants do not flush anything improper or allow the plumbing systems in their homes to get backed up in any way.

As your selected neighborhood starts to grow and you see homes selling to end buyers, you will want to consider your exit in the 3-5 year term to ensure that you ride the value you have created when you sell of refi again.