Read some books. 

Make sure your wife agrees with this plan, though.

How did you find this deal and how did you negotiate it?

Does anyone know where I could find this or a similar overview for property owners?

We now are looking to create an LLC and setup the necessary legal documents to protect both parties and layout the terms of the agreement.

This also only works for cash buyers willing to buy and hold. 

@Sharon Porter,Investing in a state-controlled property like this can be an opportunity, but it's critical to understand the legal and logistical nuances.

This will clarify and reinforce what you are reading.

Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.

.), but it's WAY less document intensive than a conventional loan.