He passed me someone last week, I spoke with this individual a few times, and I feel like he's got a decent deal. 

Definitely get in writing the deposit amounts from the landlord and I would request the tenants individually sign the document indicating they agree on the amounts.I say this because I bought a multi-unit building a couple years ago.

The lease is setup so that each can be held individually responsible.Wife and husband use as primary residence, co-signed lives elsewhere.Husband and wife are divorcing.Wife is refusing to pay any portion of rent, so husband is paying 100%.Husband and co-signer are pleading for help to dissolve the lease so that husband doesn't have to pay 100% of rent anymore, and he can vacate the premises without any court involvement.Wife is refusing to cooperate and doesn't really want to move.Any ideas or feedback would be appreciated.Thank you.

They do a lot of evictions in Philly and have the best pricing - but they run bulk operations so you get what you pay for, in terms of customer service and individual attention.If it's a complicated eviction or if you just want more personalized service, you may want to find a go-to attorney you can add to your team, especially since it looks like you are expanding in Philadelphia.  

I would love to hear some stories and experiences from individuals who have decided to pursue this either as an alternative career, or simply supportive to their already existing financial situation.

I have discussed private lending with one individual and it seems to be a great lead.

But it sounds like you are only interested in individual homes in the community.

It was mentioned that some individuals are holding off investing in Real Estate and waiting for the market to crash again.

Then at the bottom of the agreement the signator are the two individuals who own said LLC.

@Sean Davidson an estimated sale of each unit for 150k would place a total revenue of roughly $3,150,000 after individually selling each unit.