should I move forward with this kind of transaction and does it sound alarming? 

Don't constantly shop and look at it just like a transaction.

It would most likely not give you asset protection since its a non-arms length transaction.

Make sure all transactions for the LLC go through this account, and keep detailed records to avoid mixing funds with your personal accounts.

Did you record an document to secure your part of the transaction?

Make sure you are very up front and transparent about the transaction and your intentions.  

Transaction mgmt, marketing ROI, etc.)Propertybase looks like an interesting solution.

Because if you don't have at least 20-30% (and that's probably being lenient), to put into this transaction (a solid $400-$600k), then I'm in total agreement that you need a capital PARTNER, and another very experienced person to help you actually develop/execute.  

This data was from 2023, so I checked online and found that google says 70+ people move to the Triangle area daily in 2024.

This can take patience, while SLLC have been around for awhile they are still not a "normal" transaction for bank staff.