They will be a passive investor, buying for a steady and consistent return.Specifically, as you asked about market dips, ideally you wouldn't sell it if it is still performing from a rent and return standpoint.  

Since I didn't know these tenants, I did not really know what kind of people they were or if they would consistently pay rent on time.  

Unless you're consistently finding product packaging in the refuse you can use to gauge consumer preferences, it might be only a marginal idea.Maybe consider posting a survey in the laundry room asking for the tenants' feedback: "Would you find a laundry detergent vending machine helpful?" 

Direct cap is best used only when the NOI consists of above and below market long term leases.

A good wholesaler can bring a lot to the table, but most good wholesalers have a small handful of regular buyers that they consistently use over and over again. 

Keep in mind with direct mail to mail the same list at least 6 times... it takes time to reach the potential motivated sellers and they are looking for brand recognition, if you consistently mail them you may be the first one they talk to... just a thought 

I'm in Valdosta too so your post showed up on my "feed." 

Landlords are really concerned about consistent income streams.

The terms of the option consist of the contractual provisions granting the option along with the terms and conditions of any third-party offer. 

You can't underestimate the importance of reputation, but people sometimes deserve second  chances.My advice would be the same if this question was asked about something you did wrong at work, in a marriage, or anything else.Start small, never ever do anything to cause doubt, be consistent and patient in repairing your reputation.