The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

In addition, I am taking an investing class of how to properly analyze a real estate investment.

My guess is the work needed to get it up and running properly, will be significantly more than the purchase price.

@Jerry E herron iii Welcome to BP! 

But while having grown up in similar areas,.I did not have the proper knowledge or protocols to deal with the tenant base...and so I lost money on a number of those investments.

If you have a net worth to protect, I would just work with a proper asset protection attorney to discuss what you need to do.

EDIT: To clarify, have your agent schedule a showing and go through the proper steps to go in vacant houses, don't just "go into vacant houses"

I have SFHs and a few small apartment complexes, but this would be a first for me.Quick run-down:45 lots, with no room to expand18 full - 15 POH and 3 paying just lot rentPublic Utilities, proper zoning, paved streetsSmall town, around 45 minutes from any sizable town; around ~2,500 residents that are mostly blue collar, lower incomeI believe lot rent should be around $250-300 per spot once full and stabilizedCurrent asking price is around $200k, with expenses running around 35-40% of gross incomeMy initial plan would be to give all POH to the current tenants if they agree to re-sign lot leases and update all utilities and other facilities as necessary in order be prepared for additional homes being moved in.  

@Colin Youn You might want to read these: How to Effectively Conduct Joint Venture Agreements as a Real Estate Investorhow-do-i-properly-construct-a-purchase-with-a-partnership591376-create-an-llc-for-first-partnership-best-way-to-do-so526244-taking-on-partner-s-and-limiting-our-liabilitesPrepare your partnership with these questions first:questions-for-capital-partners/real-estate-partnership-questions/questions-ask-investment-partners/If you decide to proceed, I think you should have an LLC formed going in a limited partnership with your(s) partner(s) LLC.

Do they have all the programs to properly take care of all their needs?