That is only one example of the "rental industry" restrictions to be wary of, at least in Nashville.Good luck to you and keep us updated on what you learn in this process.

Before you do anything you need to:1) talk to the city zoning department and see what uses are allowed on the property.2) check out the survey to see if there are any portions that are not usable due to setbacks, easements, etc. in addition to what the maximum buildable area is based on the zoning restrictions.3) see what utilities you have available at the tract (water, sewer, gas, electric).4) based on the above, see what the options are and if you think any of those would be profitable.5) decide if you want to build and operate whatever that business is or just sell the land to someone else to build. 

Good jobThose zoning restrictions is always tricky

As long as your municipality doesn't have additional restrictions (e.g.

As for short term rentals, most condo buildings will have restrictions/bylaws indicating that the minimum length of a rental is 30 days, 6 months or even 1 year and some buildings will even limit the number of units that can be rented at any given time.

And for almost the entire year it ran non stop up to Oct 25th when they added some restrictions and shut it off.

I know a little about the self directed IRA option but don’t like being restricted to retirement age for access.

I have considered renting a trailer instead (city does not restrict who I rent trailers from), but the extra effort would more than consume any savings.I suspect you are stuck with the one trash provider.  

Looking for advice on how to collect a large move-in sum and then monthly lease payment, considering each method has its limitations and restrictions.

Without emotion, send them a Pay or Quit notice when the rent is late and start the eviction filing proceedings that you can given COVID restrictions.