I’d be happy to talk more about the Lawton market and share any insights that might help with your decision!

The profit of the original house would drop by $420 to $1880, but a new property would come under his ownership making $2300 - $1600 = $700.

Can you please share?

Dave Meyer and Henry Washington shared their opinions on purchasing a deal sight-unseen in yesterday's episode of the BiggerPockets Real Estate Podcast: How to Buy Multiple Rental Properties a Year (Is It Possible?)

Share cropping with a retail farm stand/farmer's market is one, if it's the right kind of land in the right location. 

The best way to get that IMO:- Kindly ask 2-3 local large Property Mangers in your market if they'd share there lease.- Check the Off-Market Facebook Housing groups at your school. 

I share an example in my book where five people wanted to rent a 5bed/3bath house (one boyfriend/girlfriend, and three other friends).

I've found that the more you share, the more you can grow your network and connect with like-minded people.

I even try to unsell them on the business by sharing my financial losses, litigation,  market shifts, permit purgatory, shady contractors,  clouded title issues,  paranormal activity, squatters, mold, etc.

They will likely have interest when you want to transfer ownership of the property to the new LLC.