Thanks Jason Wollbrink and @Dan-McDermott. I appreciate the feedback. I went with the cash sale, as well. They were the most eager-to-close of the prospective buyers, too, which combined with the factors that you guys mentioned just made the quick cash return too hard to pass up. If I'm understanding things correctly regarding how simple it can be to take a property back in this state, on a land contract / contract for deed owner-financing structure, on paper it would probably work out better in the long run to have a terms buyer default, and get to sell a property again, but having easy, no-drama returns has value, too.
Also Jason Wollbrink, you commented in my other thread about this same property, which has an unlivable house on it, how there's always some buyer out there who will be willing to fix up a house, no matter how bad, and you were absolutely right in this case, too. 80 year old house that's been vacant for 28 years and never had indoor plumbing; broken windows and roof caving in. I mentioned to the buyer that the local fire department was willing to help burn it to the ground safely, free of cost, and he said, "No! I'm going to fix it up." This is the same guy that went on a rant about what a horrible liability the house was when he was negotiating price, but I could not care less. He still came through with the best cash offer.