One final tidbit, there has been consolidation within the lease buyout industry, with many in the industry funneling deals to a few players, which does not always result in the best price or terms.We have identified over 12 unique buyers for these assets including the larger firms as well as low volume independent investors.

So I think the top priority right now is to find a good realtor (who's not family) and identify specific comps.  

I would agree with @Jeff Burdick as it will be a bit difficult to find for under 200k but we can work to identify areas and properties that fit your needs

Now, if both are owned by the same entity, you might be able to write an offer identifying both parcels for one price.

It's important for a couple reasons, including the landlord's obligation to identify where that money is being held and that it is indeed in a Trust Account.

We have identified quite a few properties that meet our criteria.This is my first post to BP so thank you all in advance.

Deanna you obviously do not operate as a mom and pop landlord.Mom and Pop owners do not want to identify themselves because they are afraid of the responsibility.

Identifying viable assets is truly the easy part, the real work comes into play with the systems and teams to fill & manage the tenant process to ensure long term success and mitigatge vacancy issues.

But you should easily be able to identify fees from 2 or 3 different title outfits to see if it is common what they are charging. 

What are all expenses you have identified?