You could also apply for a HELOC on your home to use the equity for whatever but obviously you have to make monthly payments so ideally you'd want to make sure the cash flow from a RE investment is higher than your loan payment.Another piece of unsolicited advice....

Our lawyer provided us with the projected fees for both options and a Series LLC was extremely expensive.What is the ideal number of properties / total asset value for an LLC?

If you can pull it off with the FHA route, that'd be ideal. 

The most common we are working with and the ideal situation is something between $125k and $140k at 60LTV. 

Ideally, they should offer you a dashboard or portal where you can easily track performance and minimize the need for back-and-forth communication.In your case, where revenue has dropped despite heavy investment, the marketing and revenue management piece feels particularly critical.

@William Silva your ideal start might be to pinpoint a few markets with lower barrier to entry as others have mentioned, then, find someone local to that market that you pair well with and do a smaller deal.

However, if you plan on sticking the the loan and you do not anticipate rate would drop below 5.7% then option B would be the ideal route.

In my mind I think it would be ideal to wait until I get a "no-brainer" but notice as I drag my feet applicants tend to get antsy for a decision (Which I can appreciate).3.

Essentially, there must be a paid parking footprint in the area already.The ideal asset would cashflow from day one with the ability to add value via technology, operations improvements, and/or NN lease addition (or renegotiation). 

I have been actively looking primarily in the Virgin Islands and Bahamas for properties that are ideally within the budget I would like.