As you can see your failure to manage and communicate and also making assumptions to get out of doing the work to deal with the changing situation causes you a lot of hassle in the end.

More to the point, the mall is a complete and utter failure.

If it’s in there, and they aren’t following it, follow @Evan Polaski’s advice above regarding sending written notice of their failure to comply with the terms of the operating agreement.  

I admit i had to skim that novel you wrote, but the only functional use for BTC I could see you giving was buying a pizza in Venezuela .. a country with a completely devalued currency and teetering on the brink of failure. 

Yeah - "Nothing in the last two years" does not suggest that it won't or might not.Seems to me the key failure here was you not being able to better monitor the property.

Would love to hear any successes or failure stories of poeple who have bought vacant land and built successfully on it. 

So, with some cash for fuel and board-seat-like guidance - oh boy.Seed-stage startups in Silicon Valley have an average valuation of $10m, a 90% failure rate, and are often unprofitable for many years while hoping for the next round.

This became even tougher given the challenges I faced soon after, like discovering the low ARV of properties and dealing with a neighborhood rated as C- along with an eviction situation.As I mentioned earlier, I really valued the experiences I gained, despite the setbacks and failures.

That was shut down by my neighborhood with in months and I ended up selling for around $50k.Huge failure that was offset by the appreciation of my fourplex.

You have 1 success and 1 failure in a field (saved with renters I hope) and you are plotting a path to doing it full-time?