So you're collectively equating each of their 90 additional hours to your $7K down payment.Does that seem fair?

In a purchase that's loosely equated to cap rate. 

Downturn doesn't always equate to more tenants.

@Nikki Grizzle  yes as stated by @Kim Younkin  above your the one who is totally naïve in this equation.  90% of relators sell homes to home owners to live in. 

For land, use assessed value and APN scheme to create an equation to price each property individually.

FICO scores are part of the equation...

Lots more math to do on this equation, but you have identified a potential opportunity which is a great start !! 

Thanks For the tip Ed, the toughest part for me is to walk away, I'm very tenacious and persistent  I need to learn to take the emotional equation out of my  Negotiations 

If you don't know how to value it maybe it's too big of a deal for you at the moment. it sounds like a turn around project that someone who already turned around a damaged property like this should handle.tenants that pay this rent are not the best renters to handle in GA so you are getting low quality tenants (income wise, job wise etc..)so that's another risk into the equation especially a 100% VR.

Used when buying streams of debt or Notes at discount.One of my favorite present value of money equations and one that got me out of a lot of my OREO was Zero interest financing... 0 interest for 30 months has the same PV as 7 years at 15%...On the topic of how you introduce yourself.. for me..