lots can go into this somewhat simple question and most of it is personal preference.- you'll want to define "best", and what that looks like for you as a success.- How much money do you have to spend?

If it's on your credit, you are on the hook for it.However, it shouldn't effect the loan process too much, a simple Letter Of Explanation should be able to get the job done with the correct investor. 

If done right most of these gains are tax-free- $40K in equity capture (profit) with $20K out of pocket and 13% cash on cash thereafter (300%+ returns)- $24K of equity capture with $32K out of pocket and 36% cash on cash returns thereafter (75%+ returns)- $41K of equity capture with $27K out of pocket and 12% cash on cash returns thereafter (150%+ returns)None of the above numbers include loan pay-down or appreciation. 

Listing at $2000 gives you room to accommodate voucher limits while still capturing the maximum rent possible.

So far the process is simple. 

I would like to purchase a structured course and have narrowed down my options to Seth William's REtipster masterclass, Joe McCall's simple land flips course, and Jack Bosch's Land Profit Generator.

Then I paid for a consultation with one of their attorneys and it was very helpful and he suggested to keep it simple.

Whatever the terms will be made on the $1M, will also decrease that cash flow.In a perfect & simple world I would pay 8% every year if I I was able to borrow $1M.

There's honestly good, general advice above, but the answer to your question is really simple. 

. @ Dan Rowley, your advice is so simple but spot on.