Agree with Bushwacker regarding the stability of the dual axle trailer. As stated with the properly rated tires, axle and tires the single will be ok.
If you go with leaf springs I would suggest to clean up the rust and two coats of fluid film. Then reapply each year. I had been using LPS 3 for years but they changed the formula and it is not as good now. Also the lug nuts will last years if you use acorn style with greased stud threads.
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