Thank you.It would be best to state where the property/project (County & State) is located so others can assist you. 

And get with the governing body to discuss potential uses for the land, find out what city plan is, county plan etc.. 

I won the bid from the county auction. 

Its a pretty small county.

There are no current regulations besides the county taxes.

I wanted to avoid all that since that (i am assuming) will make things complicated for me not to mention the timely payment of rent.i am in Chicago cook county and in loop..

That is Monterey, CA county... 

We have only invested in a few states, and there are something like 3,200 counties in the US. 

My point is this- just because there's an issue (as there always will be) does not mean someone is not fit to landlord.Haven't read through all of the comments yet, but in the market where I invest, Wilmington, Delaware, there is actually a city ordinance that if you do not live in New Castle County, you're required to have a registered and licensed property manager with the city. 

For context, I'm from Middlesex county but for SFH flips in Mercer, Camden, and Burlington County around the Philly and Trenton area.