However, there’s a catch—I’m looking to partner with an investor to help provide the capital needed to complete the deal (would need to raise around $200,000-500,000).

The seller becomes the bank and pays capital gains one time on the downpayment (which keeps it low to make sense for them) and then also monthly on the payments (also incentivized to just match how much he wants a month).

Are you located in the Capital Region?  

This could turn a potential loss into positive cash flow while protecting your property’s value.

Figure out the state and federal capital gains tax and depreciation recapture after selling costs.

Quote from @Tara Montgomery: Do any of you know where an investor can find a capital raiser or any similar title for a development project with a PPM in the beginning stages?

In the original webinars for this fund, they told them they would return all capital in three years. 

I'm in Open Door Capital's Sunbelt Diversified Portfolio.

You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.

You get a Capitalization Rate (CAP Rate), which equals your annualized return by dividing the Net Operating Income (you had gross in your narrative) by the purchase price.