With rates at this level I an not sure places will cash flow at 80% loan value. 

@Ashley Tarver You can't do a 1031 exchange because it is your primary an not an investment property.  

You would annotate the transaction as such on the LLC's books. 

If you wish to pay anything from other accounts and I do that with a few things like utilities, insurance, etc, then I use my banks tagging feature to tag the transaction to annotate what the transaction is for.

I will absolutely annotate that for future properties and PMC's that I interview.

When you get the property under contract, in your documents you make sure that it is annotated " seller will pay 1/2 of the closing cost.

I’m an not comparing this vs a FRM for debt payoff reasons but from a financing option in place of hard money.

On the other hand, a Pro account with Home Depot can be used to track all your purchases if you annotate which job they are for. 

Those need to be segregated and annotated properly.Ultimately, one journal entry is easy, but it's not going to give you enough detail that you can effectively manage your business and allow your accountant to accurately prepare your tax returns.

If you can't prove it with evidence, the judge isn't going to just award you his money because it's an not in pristine condition.