Good luck and let me know if you have any questions. 

Whatever you estimate a deal to be, isn't what it will be.

If I want to get a deal every month/ every other month, what kind of a marketing budget should I set aside for this?

I spend less than an hour a month dealing with them. 

They don't even know what to do with it.

@Andrew KatzIn this situation, you can either (a) continue dealing with the pain of having your tenants that pay late and violate your lease terms or (b) deal with the pain of turnover but the prospect of getting better tenants. 

I specialize in foreclosures, off-market deals, and distressed properties, working with investors and homeowners alike.

You could get at max 70k from that deal (minus closing costs).

However, I’m new to navigating such a situation, and I’m looking for guidance on:Collaborating with neighboring property owners to reduce costs and share resources.Structuring deals involving land contributions and joint development efforts.Attracting capital partners for projects like this.I think this could turn into a win-win for everyone involved, but I want to ensure it’s planned and structured correctly.

All the tenants are recruited by the previous seller, so I don't know their credits and don't know their personalities.