Costs are too high and I'm into this for over 100K.I have feelers out for someone who might accept my lot as participation for an equity agreement in a new build.

The agreement and expectations set up at the beginning of the contracting relationship should be consistently adhered to.

If you are buying in a LLC there is typically a loan agreement and personal guarantee that is common

A clear operating agreement from the start is key to keeping on the same page. 

No one is going to come to your door stalking you, but feel free to pay a few grand a year to "hide" your identity that will be able to be found in 15 minutes or in a request from the tenant if they request ownership of the LLC or the operating agreement to understand who they are signing a lease with.

A lease-option agreement can postpone the sale, allowing the seller to receive rental income initially.

That's tenant screening and it also helps the tenant - they are less likely to sign an agreement if the place isn't a good fit for them.

Review their management agreement.

It's essential to present your own lease agreement.

I am honestly not sure what the best course of action is in this situation, but I just want to say that you are NOT an idiot.Did you have any sort of written agreement with the PM company when you purchased?