So it's pretty hard to break 5% utilization. 

Quote from @Brandon Croucier: 20% down is terrific on land.It’s a non income producing asset which has increased volatility, typically I see 65 LTV max on land as of late.Thank you Brandon!

Typically, lenders don't look that hard into the LLCs.

It’s typically all of the work to get numbers to enter on the return!

The challenge, as you’ve discovered, is that traditional HELOC lenders typically want the property titled in a personal name rather than an LLC.

These are really questions for your attorney - the more typical scenario for a jv like this is you have a new LLC where you are the manager of the LLC and the investor also owns a percentage of it.that way you don't have to deal with transferring it etc. 

Typically real estate is long term, has tax write off advantages and you can borrow money tax free to invest in other opportunities.

Are there investors here in Texas that have utilized and would recommend banks they hold series LLC accounts with? 

The dated cabins typically need more help than say brand new construction which now are coming with pools and other amenities built in. 

Quote from @Deandre Brown: When analyzing deals, a few additional factors I like to consider are whether the electric and gas utilities are charged per unit or as a single expense.