Is this ultimately a land play? 

The theory is spot on, in practice however that logic rarely plays out - at least in recent years where multifamily has been crazy.

Guys - I was just quoted $5000 for the Trust package (Trust, Will, Living Will, and Power of Attorney), plus $1660 per LLC, which includes one holding company in WY and however many other LLC’s you want to start.

The sooner you regain control, prove that you fully intend to enforce the terms of your lease, and that you will not be 'played' by their recall of events or documents, the more effective this action will be.  

If he opts for a townhouse, a low HOA fee will help his buying power It gets tricky using lease agreement income when purchasing a house so I do not think that idea will work.

Long term play would be to either use it as a short term rental or 1031 exchange it after 2+ years.

I do not wish to divulge that here simply because I don't want the thieves to know how I play my hand. 

I am playing a long game.

This usually comes into play a lot with smaller homes, especially bungalows in the midwest, because of their higher pitches. 

I understand that starting condition and location will play a factor here, but just wondering what your experience has been.