You can only do so much to prevent worst-case scenarios  EXACTLY!!!

Use this as a learning experience to refine your investment strategy and prevent similar issues in the future.This post does not create a CPA-Client relationship.

The amortization formula initially SETS the payment, but it does NOTHING to prohibit or prevent pre-payment of the principal - a.k.a., "accelerating" the loan to shorten the total term and lower the total interest paid over the life of the loan.If you think the Amortization Schedule Spreadsheet is wrong, contact Vertex32 and explain to them your findings.

The fact its in a landbank tells me that it was taken back for some reason, which tells me its likely not a high commercial demand for development, but I could be wrong.If it is "on the main drag" in this town then I'd think doing a new build home to do a targeted and intentional air bnb would be the best bet. 

I am going to look into this and see if there's no restrictions that could prevent me from doing so.

A sprinkler system isn't going to prevent a cabin from going up in flames if the trees around them are on fire. 

Meanwhile, waiting 4 months will cost me $3,500 in interest, - though less than a second DSCR - and will prevent me from making another purchase and rehab, which I potentially can do all in 4 months.

Plus his on air persona is a likable guy who seems to genuinely want to help (maybe he did start off that we, we have no way of knowing).

For example I hold the core of my real estate holdings without debt (because I'm a conservative investor and I'm more concerned about preventing a loss of money than I am with attempting to maximize potential return).

Because you state your goal is to prevent liability I don’t think the LLC will do you any good.