The process of buying, getting a loan and settling to closing was extremely smooth.

Looking to buy Business around Portland metro below $300k.

Quote from @Chris Brewer: They’re actually asking more for the property that’s just the number I think I can buy it for.

If you are worried about it, buy an umbrella insurance policy for $1 million and sleep easy. 

Creative financing to buy deals is another dangerous approach.

Originally posted by @Max Gradowitz:I'm in CA and the most common LLC-related question I get is "I live in CA, I want to buy properties in other states, what state should I open an LLC in so I can save money?"

I would suggest that you find a partner or mento who has done it before.Many of the investors that I work with in your position find that buying New Construction investment property from a builder is a better option. 

If you do sell I would do a 1031 exchange We do need the cash to buy another property. 

Are there any investors looking to team up and any lenders for buy and holds and new construction?

If it had been my client buying this property, they would have paid a lot less even with the full commission factored in.