This can get expensive and complicated, as you had stated, which is where entities like the Series LLC can come in and simplify the process, allowing you to still operate assets within the same class in a single entity and housing them in separate child series for protection.In your situation I would have many clarifications I would want to make, but I will just spitball what it could look like.

@Stone Jin In today's market, I think you'd be hard pressed to do any new construction under $200/foot.

The only downside I see in listing it on your own, with the assumption that you have the experience and knowledge to pull it off without shooting yourself in the foot, as many inexperienced people do by listing it FSBO, is that you need to OVER DISCLOSE Everything.

I once built a house from a drawing on a paper sack. 2200 sq. foot too.

Last year, we were going over budget on a reno on a 1700 sq foot house built in 1958. 

Add dirt to have a 6 inch run off ,drop, in first 2 foot and no puddles within 30 foot. 

This  scenario seems to be the only way I'll be able to get my foot in the door.

@Pietro SerraRough estimate $100-$125 / sq foot

For my tenant the foreclosing bank actually rented a 2 bedroom house to a registered child sex offender and his criminal unnamed 'friend' for $300 a month total and it included water, gas, electricity, sewer and trash!

I have rented to singles when I didn't include mowing where neighbors called the town to complain about foot high grass.