My specific area is in a higher end part of the state and the prices are just outrageous, due to its location and popular summer rental demands.

I generally think markets have a sweet spot that provides the best return and it varies by property.With a little research, we can define the upgrades that will be the most popular and then discuss contractors etc that might be able to help you out.

They might be willing to push info to you that they are providing to other customers.  

As a side benefit, you would improve your asset protection by taking the excess funds out of the LLC since they wouldn't be available to potential future creditors of the LLC.Regarding the application process, the brokers are subject to "know your customer" regulations so they will need to know identifying information for the human being that is authorized to make decisions on behalf of the entity.  

Probably wise to acquire something that you can afford to hold long-term [EDIT: I just realized that the Deferred Sales Trust I brought up in another comment elsewhere might become a popular option if it survives tax reform and the 1031 doesn't.]

If you have a 50/50, then you use class, you'll just have to input all +/- on that class, and when it's dough dividing time, you just either pay a customer vendor or a class (you classify yourself as one class, or your equity).

I have ran numbers on what I believe would be a very good deal for a 4 or 5 unit and am wondering why this isn't more popular.

Others have a regular contract with an addendum for the seller financing terms.You'll need to determine the local customs with an Realtor or a lawyer or both.

Every day we have letters typed by us that we have our front desk associates address by hand in between phone calls & customers. 

Supposedly modular can save significantly over custom home builders.Does anyone out there have thoughts on this?