PML is not some putz that you're gonna dictate to as far as terms and structure. 

Typically those are built with 4 units to an overall structure. 

Always formalize the agreement in writing to define costs, profits, and contingencies clearly.Let me know if you need help structuring the deal or exploring funding options.Best,Drago

@Scott Ray the way you have structured the investment eliminates double taxation situation, but as as a Canadian resident you are required to report the income here in Canada.

My question is, how can I structure this to protect myself from a situation where someone sues the LLC and takes the property, leaving me personally liable for the loan?

During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.

As someone who used to work in SEO, I can see that the structure, length, and comparison format are classic SEO techniques.

They provide flexibility and efficiency, especially for experienced investors.How have you found the terms and structure compared to traditional options?

Sounds like an unreasonable seller and the most likely reason for them not wanting an offer with a financing contingency is the property is in too rough shape to get financing on it (structural damage, fire damage, etc.) or won’t appraise anywhere near asking price.   

A terms sheet will tell a pro whether you know what you're talking about and give them a structure of the deal you propose, but it won't establish credibility with respect to your financial ability to pull off the deal.