And the main reason that people place investment property into an LLC is for anonymity.

Main reason for this is that you need egress out of the bedroom.  

It is typically your primary job.The 40 hr/week W-2 worker is going to have a hard time convincing an IRS agent they are meeting this threshold.STR loophole is a better path for my friends in this category.Once you finally cross the pro hurdle, you're not done!

There will be a resolution, one way or another, say within 6 to 24 monthsPlease feel free to comment on anything above that does not make sense.Now my main question is: how are such notes valued?

Age of main systems (Roof, plumbing, electrical, HVAC, etc.) 3.

Curious - what platform are you mainly using to rent it out?

I think the main issue is believing that unsecured prom notes are Guaranteed. unless I saw the note and the note stated that ( which I highly doubt) the return of funds and payment of interest solely rests on the full faith and credit of what was invested in and the sponsor..

Only thing is, I'm finding the main companies start at about $300 a month.

If I house hack and live on the property, I sacrifice living in my own home which has been my main goal over the last couple years. 

That main thing would be to look at their area of focus.