Your main problem here is your own failure to raise the rents on every lease renewal consistent with, at least, inflation.

People like to do business with people who do business, present a good deal, and you will have a long term buyer to work with!

@Courtney Olson I did this for my candle business but it could work for real estateMaybe offer Step Up  Payments too, as long as the number works, and hint at it helping wiht inflation and maybe combined it with an interest rate that is above typical inflation.A combo of something like 4% inflation to keep your same spending power as the years go, and we increase the payment by $25/month every 12 months so your spending power stays the same and you get a bit of a raise every year, then we could do a balloon payment in 10 years to settle the rest.Something like that could be an option. 

Have a business relationship with the owner of the land How did you finance this deal?

I am interested in starting a family business where we build custom homes, do fixes and flips, and have rentals.

Been on the business for over 20 yearsGino

GC's in this area are very busy and have been for years. 

From multiple discussions I've had and reading posts here, I think I also want to form a 5th LLC to act as a management company, so that I can have one business account and credit card to collect all rent and pay all the overhead and expenses (paying for meals, PO box, RE licensing fees, etc).  

What happens here is that transactions between the "businesses" are disregarded for federal income tax purposes. 

I am new to the business and do not have any experience in flipping properties.