I am currently seeking funding and establishing partnerships with agents who are knowledgeable in alternative financing and real estate investment strategies.

Sounds more like a discount lotto, lol. 

Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence. 

Hello, I own a rental house on a large lot and I'm planning to divide the lot to build a duplex for renting out.

It is well established that states are allowed to regulate licensure etc.

None of the names listed above appear to be pivoting into the homeowner association space, yet here in the northeast USA it's still quite a fragmented industry outside of the major urban centers with established and deep-pocketed PM firms. 

This has given me a lot to think about as I move forward with my real estate goals.

There's a lot to unpack there I think.  

There was a lot to unravel in your post, but I did my best hahaPlease reach out if you have any other questions.

Choosing a style for your property has a lot to do with opinion, but there also is an art and science to it.