Ultimately, the decision about whether or not to form an LLC for a single property should depend on your individual circumstances.

Real Estate fortunes take time to build and grow  - having a high paying W2 job can be the ultimate catalyst for your future real estate empire  

Where I am going with that is ultimately if someone is compensated and delegated a fair level of authority to hire / fire, it can go well for you.

Start with BiggerPockets Ultimate Beginners Guide (free).

Even if someone else ultimately pays the cost; it is time, money and risk you don't want to take. 

Ultimately, appraisers have a large amount of discretion in determining difference in build quality and layout, but keep in mind they're doing all of this from MLS pictures and property appraiser information, so those differences aren't always immediately discernibleThe Gator Cir area of Cape Coral is seeing a lot of development right now, and it has huge appreciation potential with some of the lowest lot prices, but I personally would recommend trying to find something a bit further South, closer to Pine Island Rd, where demand has already been well-established, unless you're willing to take the bigger risk

Ultimately there are only 2 ways to get burned, over paying and over leverage.

Ultimately if you have the property on your individual tax returns via Schedule E, this would still make you liable for all debts. 

I’m looking to purchase a home, ultimately an investment property, prior to finding employment, making traditional financing unobtainable.I have about 90k is cash reserves and approached a family member with the idea of loaning out some cash (around 100k) to earn interest, for me to buy a property outright.

Most likely when your GC gives you a quote they are pricing out "contractor grade" (standard nothing fancy) selections and will not always fit your criteria of what you want to ultimately choose in the end.