The issue that has made me very apprehensive about the whole TK model is that in many cases you are buying at/above market, in markets that don't often appreciate much over the life of your investment.

That's not the investment model I wish to use.Good luck, and get everything in paper.

A growth model is particularly useful if she shares the same drive for real estate as you.

The key to this model is having those "boots on the ground" that you know and trust are reliable that you can call for each of the building trades.Good luck!

But as one of the OP mentioned if your intention is to subdivide this and you have all these neighbors close to you.. then you need to go into mediation mode and make sure you have them as allies and not enemies they can cause you far more harm in the land use process than simply bugging you about walking on your property.. the cost of perfect some silly  right to walk on your property is far more than anyone is going to spend in the real world unless your land locking them.

For some reason this tenant really pushes your buttons, and she's successfully sucked you into nanner nanner arguing mode.  

They get into bully mode, and the best way to deal with bullies is to call their bluff, while looking amenable at the same time.Or, at least that's been my experience and what has worked for me.  

My phone doesn't ring or buzz at night when it's in "do not disturb" mode.

There's acceptance and bargaining and rationalization (not necessarily in that order, Kubler-Ross and the "five stages of grief" linear model is more an artifact of pop psychology than useful cognitive-behavioral therapy).

It sounds like your business model is to rehab and use your purchases for productive use.