I first applied to wells fargo when I only had two properties and they gave me a nice 50k loc now that they are closing, I'm afraid I keep getting denied.

I’m one more test away from throwing in the towel and sticking with postcards lol.

Comp the property, get a soft preappeoval (no hard inquiry) and then priority mail a letter (stands out). 

Things you'll want to get checked include: the roof, heating and air conditioning, plumbing, subfloor (check for soft spots), siding and skirting. 

There will be other tenants moving in August 1st and I can bet that they will throw in the towel with this situation and want to quit on their 1 year leases.

After reading "The Total Money Makeover" and really diving into my finances, in less than 2 years, I paid off my car loan and my credit cards and became 100% debt free (with the exception of my mortgage, which I consider "good" debt) and increased my credit score to well above 800.

Honestly, if the zoning "by right" scenario only allows for certain types of home to be built on that residential property I would underwrite for that scenario first and make sure you have a viable project and 'Plan B", because going for a tiny home community without a plan B has a very high risk, and with 5 acres... you can find yourself upside down pretty quickly once you start adding all the soft cost / hard cost to your underwriting.I would recommend talking to the planning department, ask them if any projects like the one you're thinking about has come across their tables, and how open planning and city council would be for such a product. 

From there, you'll have to go around the home to see if there are any soft spots in the subfloor before laying over any new floor over it.

When you are actually raising money for a specific deal you have under contract, raise twice as much through soft commitments (commitments where they have not wired funds yet / non-legally binding commitments) because you will find many people back out when it comes to actually wiring the funds (at least on your first deal).You should start speaking to and interviewing syndication attorneys (feel free to DM ME for a list of syndication attorneys).

I tend to have a soft spot for dollhouse cottages.