Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

It should go without saying, but I do understand when you're new to real estate expectations can be out of line with reality --- if you finance 100% of a deal you will not see any money out of the deal for many years and will be putting money in for many years.

Private (hard) money might help with renovation but will be pricey.

@James Wise thanks James !

therefore the OP will have a foreclosure on his/his LLC credit record, which would inhibit them from borrowing money for maybe 5 years.

If you have mony in the deal and it is no longer bringing a proper return it may be time to move that money into another property that will return more.  

@Pranita Maldikar Unless the seller is a family member or personal friend, I'm not sure why you'd want to put that much money down on the property.

The dollars for the light renovations would be the only money you'd pay to us directly.

That said - I think a simple muitual fund would give me better returns on the same money ($900k) at 8-12% (i.e., $72k - $108k). 

If you have extra money that you haven't earmarked for additional RE I would do TSM index funds for a truly passive investment.