I used to get calls from people that wanted to remodel their homes before selling them.

Depending on comfort and cash, it might be a viable option as you can build equity and then sell without having capital gains, assuming it's your primary residence and you've lived there for 2 years.

Most deals that I have talked to his students about have a minimum $25k or $50k investment some sell out quick others don't. 

I’d hope that the inspection fee and markup would cover the costs you are mentioning.He sells all the renters insurance.  

Just because people gotta eat doesn't mean any place selling hot food will do well. 

Quote from @Preston Dean: Quote from @Michael Ewers: Quote from @Preston Dean: Hi @Michael EwersI have had a few past clients from Cali call me saying "I sent post cards to home sellers and I have someone who wants to sell, can you help me with pictures and videos" I think their method was just mass mail and they got a few hits.

Thirdly, financing and potentially selling later on could be challenging again with the part of the plan being on a campground. 

Pros: Lower interest rates, flexible access to funds, and leverage without selling your home.

Yes you can, you're just selling like any other sale.

Long story short, the only ways to get more than 80% out of an investment property in an LLC are A) a private lender dumb/crazy enough to do this, or B) sell it.