My main concern with your whole post was when you wrote: "I have no means of making any type of short gain out of these", which means to me: you're buying random properties, at market value.

I prefer to target multi unit purpose built rental properties that have been poorly managed and are under market rent.

I know I'd need permits to add an additional driveway over the drainage ditch between the road and I've already contacted contractors and the county for water and septic information so my main concern is the separation of the land I want to keep using from the tenants. 

One of my main concerns is that I have a full time job which takes up all my available time and brain most days. 

Hi @Adam Sechrist What I would do is offer the initial value of the property, the purpose of obtaining the deal.

I am thinking about selling some land, but I fear that I am making a mistake and needs some advice.Here are the details of the property=====================================I currently have 1.5 acres of property on Arch Street in Little Rock on the main drag with heavy traffic.

I'm mainly asking for the P&C, 4 or fewer per unit.

Do I need a rental/landlord license of any kind in order to rent out the main house or the small 1 bedroom apartment in the back?

I wrote the above for informational purposes.

The main risk being any judgement, tax lien or IRS lien the previous owner may have will attach to the propertyAdditionally, pre executed deeds are also not recognized any longer by most title companies.