There was some construction going on behind the area in another lot, and they graded the ground and remove some support dirt from the other side of the fence. 

If you have some $30k "pigs" in the midwest and they burned to the ground, it'd cost more to rebuild them than they'd ever be worth.

The tank is decommissioned and is not in use...it's just been under ground for a long time.

If they fail to perform and don't pay rent it would be to my benefit, as I would be able to evict them and rent it out for market rent.Unless of course the court rules that you took unconscionable advantage of a destitute homeowner in conjunction with the below-market purchase which by virtue of the below-market rental arrangement was actually a disguised financing transaction that was made without following the proper loan origination guidelines and the former owner has an equitable interest in the property and grounds to reverse the sale (they'll say that that you promised to resell them the property in the future even if you didn't).

I have several people now who want to invest with me but I would feel better having more on the ground experience before I head off on my own.

I do all the work myself, so the costs are just paint/sealer and laminate floor (which I replace carpet with on all ground floor units)... 

The ground floor is a commercial retail space, with a large apartment on the 2 & 3rd floor.

However, my expenses  such as taxes, insurance, grounds-keeping, management, travel, and road maintenance are for the entire park; minimal increased expenses with increased occupancy.  

Look at 30+ properties,  see and hear the scope from someone on the ground in your market.Frank

I do have a boots on the ground partner but not going to lay eyes on anything myself.Thanks!