If not starting out you should look for an established park.

If the credit/loan is established in your LLC's name then it should not be reported as a debt/liability or obligation on your personal credit. 

This will make the last unit viable.Minimum drawing requirements include, but are not limited to:Bear the seal of a register design professional, in compliance with Sections 33791.01, 4703.12, and 4733.14 of the Ohio Revised code.Plans shall be drawn to scale and shall be sufficiently clear, comprehensive, detailed, and legible so that a determination can be made for conformance with all of the applicable provisions of the currently adopted codes.Mechanical plans: unit types and sizes, system layout, ventilation requirements, and provisions, and control system diagram.Electrical plans: riser diagram including provisions for grounding, panel board schedules, lighting plan(s) and circuiting, power plan(s) and circuiting, and special systems plans.Energy calculations.Provide a site plan showing to scale the size and location of new contruction and all existing structures on the site, including setback and side yard dimensions, all property and interior lot lines, distances from lot lines, the locations of the nearest streets, the established street grades, types and sizes of all utility lines and the elevations of the proposed finished grades; drawn in accordance with an accurate boundary line survey.Submit plumbing plans and details that locate and describe all fixtures, fixture schedules, and show compliance to handicapped accessibility.

It's a little bit of a gamble for both of you, but I think a fair one. 

Hopefully during that time the house appreciates (always a gamble and never guaranteed). 

The FIRE Wizard meetup established to learn from, network with FIRE (Financial Independence, Retire Early) practitioners and “Wizards” (rockstars).  

I'm fairly involved here and I can connect you with established, experienced buyers.

You can have a cash-flowing property that has a loss for tax purposes, primarily due to the effects of depreciation (a non-cash expense).If you have a negative cash flowing property, then your only financial benefit as an investor is the gamble on property appreciation.

But if you don't have any established credit/money find some type of leverage that would benefit the investor such as a higher percentage off the deal. 

I know I’m ignoring any appreciation, but I hear over and over again not to count on appreciation because that’s a gamble.