They can finance the land, but not the mobile home.

There is no way to Avoid burnt out land lord obviously not every one will suffer from that.. its just TTT and what it is..

I would simply contact a sign company and see what they would lease the land for.

Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

What are the pros and cons of using a Land Trust versus an LLC for investment properties?

I've been in real estate for 4 years now and have done land flipping, wholesaling, buy and holds but am now just focused on lending. 

The goal is to start getting your land-lording processes into place--how will you advertise, how will you screen, how will you collect rent, how will you deal with maintenance, who are you going to use as a lender, what is your process for bookkeeping and taxes.   

Just land.  

This is not close but yes no army is necessary to defend it as it holds no physical anything, no land or resources to defend. 

TxDot has made an offer on a portion of the land for upgrades.