I need advice from people who are knowledgeable about managing land

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What are some things I can do without spending money on it - even generating revenue? Selling the hunting lease? Selling timber/planting trees?

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Yep

Hunting lease might be best, usually these guys will improve things, just for themselves.

not sure if this would be something you would consider but I think they drilling in some parts of LA.

By the Big Cypress hunting lease?

Do a cursory search of the conveyance records of the parish the property is located. I would contact the land owners attached to the timber deeds and ask them who they contacted to clear cut the timber off of their property and their experience with that timber company. I dealt with a ton of land that had been clear cut of timber without filling a timber deed. Usually the timber company contacted the person who was paying the taxes and payed that one person. For example, I was working on one tract of land where I found an additional 50 owners that was not mentioned in the conveyance records. The were pissed off that the timber was cut and never received payment. So be careful who use choose to cut the timber off your property.

I would imagine you could lease the property for hunting depending all the surrounding areas. If the surrounding areas is hunted heavily, your property won't reach a premium with respect to hunting rights and privileges. As the poster mention beforehand, make sure they have insurance and sign a hunting lease in the conveyance records.

I know some foresters who always have loggers in the area and can put you in touch with them. We were cutting that high fenced property across from dow when I left, and had probably 10 different crews working within a 15 mile radius

Wetland mitigation banks

Would this happen to be an LLC?