The total damage is close to 5k.

Obviously you hire an eviction specialist, preferably a year ago they would have paid for themselves already.

Otherwise a total waste of time and money.Likewise entities, "building my team", "setting everything up correctly" and all that other fluff that benefits only people who set it up for you. 

I mailed a 3 day to pay or quit notice, obviously nobody was there to receive it.

Unexpected Costs: Real estate has a lot of additional costs that aren’t always obvious.

My second question was- Does it have to be one-for-one property or can it be one-for-two properties totaling 2M and more? 

I've only done 6 new construction builds ( ADU's ) ranging from 500-1200 but all seperate properties.There are also two other 0.48 acre lots (that were never merged together) adjacent to the current large lot of 3-ish acres to make this a total of 8- 0.48 acre lots when/if these do get reverted to their original size. 

It still doesn't become public knowledge, but the lenders do want to know who's really behind the land trust, for obvious reasons. 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

There is a billboard on site with lease in place. 2.5 acres total with outdoor parking and room for expansion.