For instance in downtown Jersey City i would say it is starting to get saturated and they keep putting up more and more buildings.

A range hood can 'usually' be tapped into an existing 15amp circuit (14/2 wiring) depending on the fan draw, as some of the Asian exhaust Hoods draw a lot of amps. 

Would this compromise whatever liability protection does exist with the LLC?

Keep in mind, as @Brian Burke stated, your LLC  members would still have to follow the syndication rules which entails for 506c - all accredited or for 506b - you must have pre-existing substantive relationship with all of them!

@Ryan L. appreciation and cash flow tend to exist on opposite ends of a spectrum and your investment strategy should move along a sliding scale between the two based on a variety of factors.

Most people who buy existing homes use this strategy especially to avoid a short term capital gain. 

Are you planning to buy a lot off an existing tract or are you planning to build somewhere where you would need to bring in main utilities. 

So I don’t know if Im just too inexperienced in finding better deals or that they just don’t exist in Miami.

I do also question why he cannot get an increase in existing loan.

I don't have a lease with them (they've paid on time every month) and, as far as I'm aware, there isn't a written lease leftover from the previous owner (doesn't mean it doesn't exist, though).