I lend money privately and would never consider this as it is dependent on things out of my control (permits, neighbors, you being a good host, rental demand etc) I sell a ton of STR that are in actual resort communities and have great amenities and they are all  competing for the same guests, I can't imagine that there is a need/demand for this type of unit.

At closing the taxes on the 3 lots were paid, but the utility lot was overlooked.

If you are raising money you will need to register the exemption with the SEC, and it will depend on whether you are using accredited or non accredited investors. 

Tax treatment on short term stuff is an issue. 

Plus any state taxes.

Hey Bob,Depending on the lender, I am assuming you are working with some hard money lenders, their appraisal or BPO will probably include an opinion subject to the scope of work.ARV is relatively easy to figure out yourself, made easier and more accurate working with trusted agents and managers.Im not as active as I should be but I have seen several Facebook groups dedicated to Florida Multifamily deals.

Is it recommended to have a LLC and who can help creating a LLC (tax consultant or lawyer)? 

When you exit a deal, what normally ends up happening (like Tom Brady keep winning more Super Bowls) is that you go into two more deals (with now double the amount of capital) and you will likely find that with those new K1s you could result in you having way more passive losses you began with If you can see where this is going... yes, experienced investors with a lot of capital deployed might have 500k-1M+ suspended passive losses and have not paid taxes in years and do not appear to pay taxes for years!

That has property tax consequences.The more improvements on the land (which includes fences) the more important a survey is.

Depending on the ownership split your husband may or may not have to have a credit check / sign the loan documents.