I'm also working on upgrades for THE MTR Connect - better scheduling, automations, guest speakers, social media - all to help promote the collaborative and supportive space my colleague @Jamie Banks and I have created.

I have a close associate with a large project there and the local banks have turned off the spick-et on funding his developments and these are very large multi thousand acre deals.

+I've researched something called an FHA Construction loan in terms of financing this project, but it seems that most large banks don't offer that product.

Credit unions or smaller regional banks might be a better fit.

I've also heard it can be a good thing to have some debt against a property because if any issues arise legally, the bank will be the first line of defense. 

This will be a question for your bank.

The seller becomes the bank and pays capital gains one time on the downpayment (which keeps it low to make sense for them) and then also monthly on the payments (also incentivized to just match how much he wants a month).

You mention not a fan of landlording, great, the bank never get's involved in that stuff right. 

@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.

It is far more difficult to secure bank financing for modular housing than stick built.