Let’s assume I could buy between 800k - 1.5 million.

However, also remember that the "market price" should go up with appreciation assuming you're in a somewhat appreciating market.

This would affect the LLC payout but not the Fund investor, assuming the note is sold for more than the underlying loan of course. 

I immediately did the wrong thing and started assuming this person has limited time in investing in real estate (which was a correct assumption).

Looking for more information in regard to assuming a VA Loan from someone.

we are experiencing something similar with a property in western nc. its a large investment home, in a good area. we offered it at 100 per sqft . we have not had the attention it should have . i assumed it was due to storms , elections, interest rates. i could be wrong we may pull it from the market and finish it.

Also assuming your practice is going well, consider talking to asset protection attorneys.

I assume you want to live in one side of it?

@Yaroslav Shtogun assuming this is something you can tackle yourself and with your network doing the full deal would be an awesome project for you!

Assuming a loan, juicing cash flow, being aggressive in offers and asking the seller to pay a huge seller credit, etc.