Their LTV and/or amortization lengths are not always the best. 

. - They are arms-length. 

You'll typically find that travel nurses want a 13 week term as that is the most common length of their contracts.

The length of time you're carrying debt is a factor to consider. 

I'm willing to go to any lengths."

If you do have an entity, treat is like your ex - stay as far away from it personally, do not mix funds and operate it at arms length. 

One thing to watch out for is the financing aspect of it - could be a hurdle getting a loan if the transaction is "non-arms length" - i.e. between "Friends" - might be worth looking at seller financing too

Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.

I would consider this a very loose agreement for an arm's length deal.

But because this was not an arms-length sale, the tenant could simply be notified of the change in ownership and where/who to send future rent payments.