is this off an existing road and is there already Culverts or ditches in place for rain water to collect in or do you need to install All wet utilities and if so do you know the City and county requirements for water, Power, Sewer, Reclaim(effluent) Natural gas?

@Alan LeMayAre there utilities at the lots?

If you're like me, then when you started listening to the Bigger Pockets Podcasts, you also started reading books and authors that are recommendations from the hosts and guests - and have found many favorite books, with many classic and inspirational quotes.  

Have another VRBO guest checking in Tuesday so we’ll see.

A couple of alternatives:  get a HELOC on your own residence and using it for all or some of the entire process, or obtain a 203(k) renovation mortgage which will not utilize the LLC.

However factor in utilities because if it is in fact "raw land" you have to think about things like sewer, water, electricity, and gas. 

My concern is with a low downpayment and high monthly cost $3844 (PITI, HOA, PMI, utilities), this would limit my ability to ever rent out to a family if they don't allow individual leases with multiple roomates.

Utilizing leverage and "double dipping" sounds great.

Common requirements are that there home has to have functioning roof and walls, utilities, toilets, etc.  

If you leave faster than that, you will still have to pay for the full 14 days of rent and utilities;If you choose to depart early, I will not charge any termination fees;After you are out and return the keys, I will conduct a move-out inspection and handle your security deposit in accordance with State law.Landlord"