Is this normal cost or high?

An LLC is useful for two things: anonymity and legal protection.

Treasury takes this step in the interest of supporting hard-working American taxpayers and small businesses and ensuring that the rule is appropriately tailored to advance the public interest.

This will clarify and reinforce what you are reading.

Your neighbors own their lots as shares in an LLC which purchased the land, and operate under a Private Membership Agreement to insure they are a good fit and willing to play their part and contribute to the well being of the community.My vision is in this vein, with the addition of workshops and retreats (yoga, wellness, ptsd recovery etc) which the community would host.

If you plan to grow your portfolio, consider setting up separate LLCs for each property to shield them from liabilities tied to others, though this adds complexity and costs. 

This is what he put in the description of the quote"We found the sewer line in the left apartment has a cross under slab with a clenaout cap under the slab as well.

So just be careful and get a lot of experience before you start in this business, it has a lot of room for error for sure......

You will build up cash on a monthly basis that could be used to invest other places either rental properties or the stock market. 

Can someone walk me through the thought process I should be using when constructing the offer?