We would like to keep this land as well as find a way for it to generate a bit of income for us.My question to you is this...Does anyone have any suggestions on how to monetize this piece of land as it basically sits vacant 360 days a year?  

You can time them so they go on and off at random times.

I have a few questions regarding how much cash flow would be generated by a property such as a tri or fourplex, and the requirements for investment property and FHA loans.

So far rents are great and we would like to purchase more properties, however we are limited in how much we can save at any given time, which is why we are considering a partnership with another couple by forming an LLC, where we buy and flip homes to generate additional income to buy our own properties.

Have a generator on a property and it quit during the last storm.

Break it down in to singular steps and take each step as they were meant to be taken. 4) Network - If I would have never taken the call from the random dude on Facebook, I'd never have started this partnership where I've learned so much and earned so much. 5) Create processes before you need them - I started building processes out for leasing, evictions, rent collection, and other difficult topics before I bought these properties. 

They leave it to family for generations by having a family member receive mail at the address.

Have any large gains to generate in the same year to offset it?

Given your experience, what holding you back from being able to enact a lead generating digital strategy on your own?

That is a big reason (not the only one, clearing note obligations in order to generate more loans is the major one) that most mortgages are offloaded to fannie/freddie/others, and the bank just acts as the servicing arm.