Nothing wrong with that as long as you understand and are ok with it.

That someone will write a long answer that will tell you how to do it? 

I have filed for eviction on one tenant that I have placed in my career, and I was able to negotiate him out long before the court date. 99% of the time, eviction should not be a driver for whether you invest. 

Depending on the state, when someone rents for a certain amount of time, usually 30 days or more, they become long term tenants in the eyes of the law, and they acquire "tenant's rights". 

They've neglected their recordkeeping all year long and now find tax time to be very stressful. 

A long ways from bankrupt. 

If yes, how much and how long will it take? 

Tenacity goes a long way in this business and in many other businesses as well.

I believe you are in OR, one of my favorite States, but a long flight from pretty much everywhere.

You have the means to purchase and intend to offer owner financing (you) to the buyers of your lots.That sounds pretty straight forward as long as you are able to carry the loans and deal with any defaults.I don't have a background in raw land deals, so that's all I got.Thanks for the feedback and I will keep these things in mind as I move forward.