I have a friend who does asset/project based lending but only lends on commercial properties, development or land. 

I wanted to know what happen to the BP beta software that was going to allow us to track and manage deals?

I plan to use some sort of property management software solution like "mylandlordhelper.com" but really, I am looking for suggestions.   

I used to only take on 15 year mortgages (even on my rentals), but then missed on lots of opportunities to acquire good assets, because I didn't have enough cash. 

Then you will be the owner and entitled to collect payments on the purchased assets. 

This could protect some of your assets so that all your eggs are not in one basket.  

@Nathan Goodlove I'm not sure if it's necessary to use an attorney as a registered agent, but it's probably a good idea to consult with one before you attempt to do something inherently legal such as asset protection.

Are you even going to be credible for a $500,000 asset?

Turn Key is good option if you want the asset handed to you at market value with no upside.

The plan was to purchase the duplex and than put it under an LLC to protect my asset.