I should have said (but at the OP I had not yet read this agreement) "at least" 1,750 jobs. 

Move electric below the OP line for future years and to improve value based on Cap rate.  

So, as the OP posted, I too made an error by trusting someone whose posts appeared here regularly.

I don't get why investors are so scared of 'turns'.....OP, I agree keep a close eye on this one.

I was going to reply to the OP, then reply to some of the others, but all your replies were exactly what I'd say so I'll just quote yours and say 'well done'(and I'm replying as an owner -- not an STR operator.  

OP land development is an REI strategy you should stay away from unless you have a lot of experience and reputation, have funding to acquire and shovel ready the land or have a cookie cutter business to bring value to different locations.  

I also messaged you that even though the language you have in your Op Agreement spells out that one can act alone, these lenders are likely wanting to have all members sign because they are wanting to use the credit/obligations from each as individuals, rather than that of the entity--but that's something to confirm/clarify with the lenders.There's also another option of putting together a type of "corp resolution" which reiterates that all members are granting one individual the unilateral power to conduct business and enter the entity into loans. 

Then an ops person.

I assume the OP is making payments on his loan to Citibank.

A little small, so I might pass, but still all cash in might be the way.Now, OP is asking about financing his investment.