From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought I would see if anyone else had experience with this lender.  

Since you and your husband bring 20+ years of residential construction experience to the table, you already have a huge advantage.

Any experience evicting a non-paying tenant?

I've know him personally for years, had the opportunity to consult with him on both sides of the business and have to say he's the real deal. 

If someone injures themselves and sues, they will sue the LLC, not you personally.

@Thomas Farrell if you have any experience managing property/construction projects, I would look in to flipping properties and keeping the once that you see an acceptable cashflow on when finished.

Personally, I would not do Pueblo.

There is so substitute for experience.

I'm a Realtor and General Contractor with years of experience in Redding, buying, selling and developing properties; and will be happy to answer any questions you have about the market, the area, types of properties, etc.

You can establish a personal LLC and use it to buy a business.