Or are we talking holes dug everywhere, plants/ shrubs killed, no grass just bare dirt?  

To simply put, property accounting is anything to do with the actual property operating day to day accounting such as rent income and rent expensesCorporate accounting is anything to do with the LLC as an overall so if you pay for gas for your car for business, it will be corporate, if you pay for a meal, this is corporate, paying for business licenses, office supplies, etc.Actually I learned this from him

What if he pays you and you simply keep the money?

Of course there is the rabbit hole of owner carry options too, but the above is the most straight forward option. 

I do know the why and the goal, but sometimes I simply get scared by the risk.

Moreover, some private lenders may want to be a debt partner and not an equity partner where they are simply lending you the money and you pay a set interest rate just like a bank loan. 2.)

With those considerations I moved on and simply figured you had gone a sort of guru route and I just thought 'good for him.'

We simply need to find a lender willing to transfer the debt is our current thinking?

I think trying to figure all of that out and predict cash flow is really kind of going down the rabbit hole. 

Might in that if this is simply a deal that's on the MLS and all you've done is point it out to me, I wouldn't pay you anything.