So, acquiring the property for a $2,100 cost with potential earnings of $2,900 is acceptable in your evaluation, provided there is sufficient financial backing to cushion any potential setbacks.Thank you, Frank! 

Also, I know that by law real estate agents have to disclose if things on a property are unpermitted to allow the potential buyers a chance to back out of the purchase if it's too costly & the real estate agent who sold my friend this property didn't say anything about any of the 3 out buildings that are on the property.

From a cost perspective imo it's most cost efficient to find somebody with a lot of evection experience in your area.You might try Stelnick Law in Valencia . 

Forese power is another company that will be coming to Columbus as well.

All expenses, income, depreciation and any other deductions or costs apply to the partnership.  

The challenge for present day investors is with elevated mortgage rates and record high housing prices, the carrying costs and incentive to invest now can be restrictive. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

@Trey Onufrii It's tough to say which one is the better investment without more details, like - cost of each parcel(s), are there utilities close by (especially the Jomax site), what's the terrain like on the hilltops? 

If you use a property manager you will need to fill out AZ Form 285-PMC which allows the Property Management Company to be a limited Power of Attorney in order for them to talk to the State of Arizona about TPT matters. 

You also won’t have to worry about any fees or closing costs.